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Both Images one question Required information Use the following Informatlon for Exerclse 2-9 through Exerclse 2-12 below. (Algo) [The following information applles to the questions
Both Images one question
Required information Use the following Informatlon for Exerclse 2-9 through Exerclse 2-12 below. (Algo) [The following information applles to the questions displayed below.] Following are the transactions of a new company called Pose-for-Plcs. August 1M. Harris, the cwner, invested $5,000 cash and $21,500 of photography equipnent in the conpany in exchange for comion stock. August 2 The company paid $3,200 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $950 cash. August 29 The company received $3,100 cash from taking photos for customers. August 31 The company paid $867 cash for August utilities. Exerclse 2-12 (Algo) Preparing T-accounts (ledger) and a trlal balance LO P1 Required: 1. Post the transactions to the T-accounts. 2 Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trlal balance for Pose-for-Pics. Complete this question by entering your answers in the tabs below. Post the transactions to the T-accounts. Required information Use the following Information for Exerclse 2-9 through Exerclse 2-12 below. (Algo) [The following information applles to the questions displayed below.] Following are the transactions of a new company called Pose-for-PIcs. August 1M. Harris, the owner, invested $5,009 cash and $21,590 of photography equipnent in the conpany in exchange for common stock. August 2 The company paid $3,200 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $950 cash. August 29 The company received $3,100 cash from taking photos for customers. August 31 The company paid $867 cash for August utilities. Exerclse 2-12 (Algo) Preparing T-accounts (ledger) and a trlal balance LO P1 Required: 1. Post the transactions to the T-accounts. 2 Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trlal 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-PicsStep by Step Solution
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