Following are the transactions of a new company called Pose-for-Pics. August 1 M. Harris, the owner, invested $10,250 cash and $44,075 of photography equipment in the company in exchange for common stock. August 2 The company paid $3,300 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,948 cash. August 20 The company received $3,800 cash from taking photos for customers. August 31 The company paid $878 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 Post the transactions to the T-accounts. Cash Supplies August 1 10,250 August 20 3,800 August 5 1,948 August 2 3,300 August 5 Balance 1,948 11,698 Balance 1,948 Prepaid Insurance Equipment Fouquet 2 3.300 PAugust 1 Post the transactions to the T-accounts. Cash Supplies August 1 10,250 August 20 3,800 August 5 1,948 August 2 3,300 August 5 Balance: 1,948 11,698 Balance 1,948 Prepaid Insurance Equipment August 2 3,300 August 1 44,075 Balance 3,300 Balance Common Stock August 11 54,325 Utilities Expense August 31 878 Balance 44,075 54,325 Balance Services Revenue August 20 3,800 3,800 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. POSE-FOR-PICS Trial Balance Cash Supplies Prepaid insurance Equipment Common stock Services revenue Utilities expense Totals August 31 Debit Credit $ 11,698 1,948 3,300 44,075 $ 54,325 3,800 878 $ 61,899 $ 58,125