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Following are the transactions of a new company called Pose-for-Pics Aug. 1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in

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Following are the transactions of a new company called Pose-for-Pics Aug. 1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for como stock. 2 The company paid $2,100 cash for an insurance policy covering the next 24 months 5 The company purchased office supplies for 5830 cash 20 The company received 59,331 cash in photography Tees earned. 31 The company paid 5675 cash for August utilities. Required: 1. Post the transactions to the T-accounts. 2 Use the amounts from the T-accounts in Requirement 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 accounts. Office Supplies Aug 2 Aug 1 Aug 20 Aug 1 Aug 5 Aug 1 Aug 31 Aug 1 Aug 1 Balance Balance 0 Aug 1 Aug 1 Prepaid Insurance Aug 1 Aug 1 Aug 1 0 Photography Equipment Aug 1 Aug 1 Aug 1 0 Common Stock Aug 1 Aug 1 Aug 1 Photography Fees Earned Aug 1 Aug 1 Aug 1 1 Utes Expense Aug 1 Aug 1 Aug 1 0 Balance Exercise 2-8 Preparing T-accounts (ledger) and a trial balance LO P2 Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the uner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for common stock 2 The company paid $2,100 cash for an insurance policy covering the nex 5 The company purchased office supplies for $850 cash 20 The company received 53,331 cash in photography fees earn 31 The company paid 5675 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 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. Credit POSE-FOR PICS Trial Balance August 31 Debit Cash Office supplies Prepaid insurance Photography equipment Common stock Photography fees earned Utilities expense Totals OD 5 01

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