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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 in exchange for common stock.

August $2$ The company paid $$2,000$ 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 $$2,350$ cash from taking photos for customers.

August $31$ The company paid $$883$ cash for August utilities.