bok nt ences Following are the transactions of a new company called Pose-for-Pics. August 1 M. Harris, the owner, invested $7,750 cash and $33,325 of photography equipment in the company. August 2 The company paid $3,800 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,473 cash. August 20 The company received $3,850 cash from taking photos for customers. August 31 The company paid $866 cash for August utilities. 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.

Following are the transactions of a new company called Pose-for-Pics. August 1 M. Harris, the owner, invested $7,750 cash and $33,325 of photography equipnent in the conpany. August 2 The compari paid $3,800 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,473 cash. August 20 The company received $3,850 cash fron taking photos for custoeers. August 31 The coepany paid $866 cash for Mugust utl1ltles. 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