Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $6,600 cash and $33,600 of photography equipment in the company. 2 The company paid $2,200 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $890 cash. 20 The company received $3,431 cash in photography fees earned. 31 The company paid $685 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.