Following are the transactions of a new company called Pose-for-Pics. August 1 M. Harris, the owner, invested $9,500 cash and $40,850 of photography equipment in the company. August 2 The company paid $3,200 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,805cash. August 20 The company received $3,100 cash from taking photos for customers. August 31 The company paid $880 cash for August utilities. Prepare general journal entries for the above transactions. Journal entry worksheet 5 M. Harris, the owner, invested $9,500 cash and $40,850 of photography equipment in the company. Note: Enter debits before credits. Post the above transactions to the T-accounts. Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Pics