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Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $7,900 cash and $34,900 of photography equipment in

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Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $7,900 cash and $34,900 of photography equipment in the company. 2 The company paid $3,500 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,020 cash. 20 The company received $4,731 cash in photography fees earned. 31 The company paid $815 cash for August utilities. TRE Required 1 Required 2 Post the transactions to the T-accounts. Cash Office Supplies Balance Balance Prepaid Insurance Photography Equipment Balance Balance M. Harris, Capital Photography Fees Earned Balance 0 Balance Utilities Expense Balance 0

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