Exercise 2-8 Preparing T-accounts (ledger) and a trial balance LO P2 Aug Following are the transactions of a new company called Pose-for-Pics 1 Madison Harris, the owner, inwested $7.100 cash and $34. 100 of photography equipment in the company. 2 The company paid $2,700 cash for an insurance policy covering the next 24 months 5 The company purchased office supplies for $940 cash. 20 The company received $3,931 cash in photography fees earned 31 The con any paid $735 cash for kugust 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. Required 1 Required 2 Post the transactions to the T-accounts. Cash Office Supplies Balance 0 Balance Prepaid Insurance Photography Equipment Balance Balance 0 M Hamis, Capital Photography Fees Earned Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post the transactions to the T-accounts. Cash Office Supplies Balance 0 Balance Prepaid Insurance Photography Equipment Balance 0 Balance 0 M. Harris, Capital Photography Fees Earned Balance 0 Balance Utilities Expense Balance Required 2 > Exercise 2-8 Preparing T-accounts (ledger) and a trial balance LO P2 Aug. Following are the transactions of a new company called Pose-for-Pics. 1 Madison Harris, the owner, invested $7. 100 cash and $34, 100 of photography equipment in the company. 2 The company paid $2.700 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $940 cash. 20 The company received $3,931 cash in photography fees earned. 31 The company paid $735 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. Required 1 Required 2 Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Pics Credit POSE FOR PICS Trial Balance August 31 Debit Cash Office supplies Prepaid insurance Photography equipment M Harris, Capital Photography fees eamed Utilities expense Totals S