$1$

Required information

$[$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 $$12,000$ cash and $$51,600$ of photography equipment in the company.

August $2$ The company paid $$3,900$ cash for an insurance policy covering the next $24$ months.

August $5$ The company purchased supplies for $$2,280$ cash.

August $20$ The company received $$2,200$ cash from taking photos for customers.

August $31$ The company paid $$874$ cash for August utilities.

Required:

Post the above transactions to the T$-$accounts.

Use the amounts from the $T-$accounts in Requirement $(1)$ to prepare an August $31$ trial balance for Pose$-$for$-$Pics.

Complete this question by entering your answers in the tabs below.

Use the amounts from the T$-$accounts in Requirement $(1)$ to prepare an August $31$ trial balance for Pose$-$for$-$Ples.

$\backslash$table$[[$POSE$-$FOR$-$PICS$],[$Trial Balance$],[$August $31],[,$Debit,Credit$],[$Cash$,$$$,13,454,,],[$Supplies$,,2,280,,],[$Prepaid insurance,,$3,900,,],[$Equipment$,,51,600,,],[$M$.$ Harris, Capital,,,$$,63,600],[$Services revenue,,,,$2,200],[$Utilities expense,,$874,,],[$Totals$,$$$,72,108,$$$,65,800]]$