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August 1 M. Harris, the owner, invested $15, 00 cash and $64,500 photograph equipment in the company in exchange for common stock. August 2 The
August 1 M. Harris, the owner, invested $15, 00 cash and $64,500 photograph equipment in the company in exchange for common stock.
August 2 The company paid $4,000 cash for an insurance policy covering the next 24 months.
August 5 The company purchased supplies for $2,850 cash.
August 20 The company received $3,900 cash from taking photos for customers.
August 31 The company paid $872 cash for August utilities.
required:
1. post the transactions to they-accounts.
2. Use the amounts from the T-accounts in requirement (1) to prepare an August 31 trial balance for pose-for-pic
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