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mszeek
Dec 5, 2010, 05:04 PM
Prepare general journal entries for the following transactions of a new business called Pose for Pics.
Aug. 1 Hashim Paris, the owner, invested $7,500 cash and $32,500 of photography equipment in
The business.
1 Paid $3,000 cash for an insurance policy covering the next 24 months.
5 Purchased office supplies for $1,400 cash.
20 Received $2,650 cash in photography fees earned.
31 Paid $875 cash for August utilities.

Just Looking
Dec 5, 2010, 07:01 PM
If you want to post your entries, I will let you know if you are on the right track. I explained the TB in your other thread.