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Following are the transactions of a new company called Pose-for-Pics. August 1 M. Harris, the owner, invested $6,000 cash and $25,800 of photography equipment in

Following are the transactions of a new company called Pose-for-Pics.

August 1 M. Harris, the owner, invested $6,000 cash and $25,800 of photography equipment in the company.
August 2 The company paid $3,800 cash for an insurance policy covering the next 24 months.
August 5 The company purchased supplies for $1,140 cash.
August 20 The company received $2,750 cash from taking photos for customers.
August 31 The company paid $876 cash for August utilities.

rev: 09_25_2021_QC_CS-279674

Required: 1. Post the above 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.

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