Following are the transactions of a new company called Pose-for-Pics. Aug- 1 Madison Harris, the owner, invested $7,500 cash and $34,500 of photography equipment in the company in exchange for comman stock. 2 The company paid $3,100 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $980 cash. 20 The company received $4,331 cash in photography fees earned. 31 The company paid $775 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 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 Office supplies Prepaid insurance Photography equipment Common stock Photography fees earned Utilities expense Totals August 31 Debit Credit $ 51,186 980 3,100 34,500 7,500 4,331 $ 51,186 $ 775 51,186