0 Required information Use the following information for Exercises 9-12 below. (Algo) The following information applies to the questions displayed below) Following are the transactions of a new company called Pose-for-Pics. August 1 M. Harris, the owner, invested $5,000 cash and $21,50 of photography equipment in the company in August 2 The company paid $3,000 cash for an insurance policy covering the next 24 months. August S The company purchased supplies for $950 cash. August 20 The company received $3,650 cash fron taking photos for customers. August 31 The company paid $865 cash for August utilities. nces Exercise 2-12 (Algo) Preparing T-accounts (ledger) and a trial balance LO P1 Required: 1. Post the transactions to the T-accounts. 2. Use the amounts from the Taccounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Ples. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post the transactions to the T-accounts. Required information Required 1 Required 2 Post the transactions to the T-accounts. Cash Supplies 950 August 5 August 1 August 20 5,000 3,650 Balance 8,650 Balance 950 Prepaid Insurance 3,000 Equipment 21,500 August 2 August 1 nces Balance 3,000 Balance 21,500 Common Stock Services Revenue August 20 Balance Balance 0 Utilities Expense Required information August 2 3,000 August 1 21,500 Balance 3,000 Balance 21,500 Common Stock Services Revenue August 20 Balance Balance Utilities Expense 865 August 31 Balance 865 Required Required 2 > Required 1 Required 2 Use the amounts from the T-accounts in Requirement (1) to prepare an August POSE-FOR-PICS Trial Balance August 31 Debit Credit $ 5,000 950 Cash Supplies Prepaid insurance Equipment Common stock 3,000 21,500 $ 5,000 3,650 Services revenue 865 Utilities expense Totals $ 26,315 $ 13,650