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 common 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. 29 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 Post the transactions to the T-accounts. Cash Office Supplies Aug. 1 42,000 Aug 20 4,331 Aug. 5 980 Aug. 21 3,200 Aug. 31 775 Aug. 5 Balance 980 41,074 980 Balance Prepaid Insurance Photography Equipment Aug. 21 3,100 Aug. 1 34,500 Balance 3,100 Aug. 11 Balance 34,500 Common Stock Photography Fees Earned 42,000 Aug. 201 4,331 Balance 42,000 Utilities Expense Aug. 31 775 Balance 4,331 Balance 775 Required 1 Required 2 >