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Following are thetransactions of a new company called Pose-for-Pics. Please shoe liabilities. August 1 M. Harris, the owner, invested $6,500 cash and $33,500 of photography

Following are thetransactions of a new company called Pose-for-Pics. Please shoe liabilities.

August 1 M. Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company.
August 2 The company paid $2,100 cash for an insurance policy covering the next 24 months.
August 5 The company purchased supplies for $880 cash.
August 20 The company received $3,331 cash from taking photos for customers.
August 31 The company paid $675 cash for August utilities.

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