Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $7,500 cash and $32,250 of photography equipment in the company in exchange for common stock. 2 The company paid $2,500 cash for an insurance policy covering the next 24 months. 5 The company purchased supplies for $1,425 cash. 20 The company received $2,400 cash from taking photos for customers. 31 The company paid $882 cash for August utilities. Open a ledger account for Cash in balance column format. Post general journal entries that impact cash from above transactions to the ledger account for cash.