Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $8,500 cash and $35,500 of photography equipment in the company in exchange for common stock. 2 The company paid $4,100 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,080 cash. 20 The company received $5,551 cash in photography fees earned. 31 The company paid $875 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.