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Following are the transactions of a new company called Pose-for-Pics. August 1M. Harris, the owner, invested $13,500 cash and $58,050 of photography equipment in the

Following are the transactions of a new company called Pose-for-Pics. August 1M. Harris, the owner, invested $13,500 cash and $58,050 of photography equipment in the company in exchange for common stock. August 2 The company paid $3,400 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $2,565 cash. August 20 The company received $2,900 cash from taking photos for customers. August 31 The company paid $879 cash for August utilities. Required: Post the transactions t

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