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Exercise 2-8 Preparing T-accounts (ledger) and a trial balance LO P2 Following are the transactions of a new company called Pose-for-Pics, Aug. 1 Madison Harris,

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Exercise 2-8 Preparing T-accounts (ledger) and a trial balance LO P2 Following are the transactions of a new company called Pose-for-Pics, Aug. 1 Madison Harris, the owner, invested $6,500 cash and $33,508 of photography equiptent in the company in exchange 2 The conpany paid $2,100 cash for an insurance policy covering the next 24 months. 5 The company purchased office Supplies for $880 cash. 20 The company received $3,331 cash in photography fees carned. 31 The company paid $675 cash for August utilities 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 trial balance for Pose-for-Pics. Complete this question by entering your answers in the tabs below. Post the transactions to the T-accounts. Cash Office Supplies Balance Balance Prepaid Insurance Photography Equipment Balance Balance Common Stock Photography Fees Earned Balance Balance Utilities Expense Balance Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Pics. int int ances Credit POSE-FOR-PICS Trial Balance August 31 Debit Cash Office supplies Prepaid insurance Photography equipment Common stock Photography foes earned Utilities expense Totals

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