Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $12,250 cash and $52,675 of photography equipment in the company in exchange for common stock. 2 The company paid $3,600 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $2,328 cash. 20 The company received $2,600 cash in photography fees earned. 31 The company paid $874 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list View journal entry worksheet .......: No Date General Journal Debit Credit 1 Aug 01 Cash Photography equipment 12,250 52,670 Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $6,700 cash and $33,700 of photography equipment in the company in exchange for common stock 2 The company paid $2,300 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $900 cash. 20 The company received $3,531 cash in photography fees earned. 31 The company paid $695 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 Balance Balance Prepaid Insurance Photography Equipment Balance Balance Common Stock Photography Fees Earned Balance Balance 0 Utilities Expense Balance 0