Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $8,300 cash and $35,300 of photography equipment in the company. 2 The company paid $3,900 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,060 cash. 20 The company received $5,131 cash in photography fees earned. 31 The company paid $855 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. Post the transactions to the T-accounts. Cash Office Supplies Aug. 1 8,300 3,900 Aug. 20 Aug. 2 5,131 9,531 Balance Balance 0 Photography Equipment Prepaid Insurance 3,900 Aug. 2 Balance 3,900 Balance 0 M. Harris, Capital Photography Fees Earned Balance 0 Balance 0 Utilities Expense Balance 0 Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Pics. POSE-FOR-PICS Trial Balance August 31 Debit Credit Cash Office supplies Prepaid insurance Photography equipment M. Harris, Capital Photography fees earned Utilities expense Totals $ 0 $ 0