10.

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 $6,500 cash and $27,958 of photography equipment in the company. August 2 The company paid $2,988 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,235 cash. August 2e The company received $2,050 cash from taking photos for customers. August 31 The company paid $876 cash for August utilities. Exercise 2-12 (Algo) Preparing T-accounts (ledger) and a trial balance LO P1 Required: 1. Post the above transactions to the T-accounts. 2. Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Pics. Required 1 Required 2 Post the above transactions to the T-accounts. Cash Supplies 0 Ending Balance Ending Balance Prepaid Insurance Equipment 0 0 Ending Balance Ending Balance Services Revenue M. Harris, Capital 0 0 Ending Balance Ending Balance Utilities Expense 0 Fndin Ralance Exercise 2-12 (Algo) Preparing T-accounts (ledger) and a trial balance LO P1 Required: 1. Post the above transactions to the T-accounts. 2. 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. Required 1 Required 2 Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Pics. POSE-FOR-PICS Trial Balance August 31 Debit Credit $ 6,500 Cash Supplies Prepaid insurance Equipment M. Hams, Capital Services revenue Utilities expense Totals $ 6,500 $