Following are the transactions of a new company called Pose-for-Pics. I Madison Harris, the owner, invested $7,500 cash and $34,500 of photography equipment in the company in exchange for Aug. 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. 20 The company received $4,331 cash in photography fees camed. 31 The company paid S775 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. Post the transactions to the T-accounts. Cash Office Supplies Aug. 1 Aug. 1 Balance Balance Prepaid Insurance Photography Equipment Balance Balance Common Stock Photography Fees Eamed Aug. 1 Balance 7,500 Balance Utlties Expense Balance 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 August 31 Debit Credit Cash Office supplies Prepaid insurance Photography equipment Common stock Photography fees eamed Ublities expense Totals $0