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Following are the transactions of a new company called Pose-for-Pics.  

Aug.		1		Madison Harris, the owner, invested $7,250 cash and $31,175 of photography equipment in the company.
		2		The company paid $3,200 cash for an insurance policy covering the next 24 months.
		5		The company purchased office supplies for $1,378 cash.
		20		The company received $3,800 cash in photography fees earned.
		31		The company paid $885 cash for August utilities.

  Prepare general journal entries for the above transactions.

Compute the missing amount for each of the following separate companies in columns B through E. (Losses and amounts to be deducted should be indicated with a minus sign.)

Required information

Use the following information for Exercises 16-18 below.

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[The following information applies to the questions displayed below.]   Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company’s records show the following accounts and amounts for the month of August.  

Cash	$	25,370	C. Camry, Withdrawals	$	6,020
Accounts receivable		22,370	Consulting fees earned		27,010
Office supplies		5,260	Rent expense		9,570
Land		44,010	Salaries expense		5,620
Office equipment		20,020	Telephone expense		880
Accounts payable		10,540	Miscellaneous expenses		530