Hequired wher mation Ummon Slock. Services Amenue: ond Ueities Evpense Pequlred informvetion The followwag atromarimit appoies fo the duestions dispiayed betoiy? Following are the 1rantactions of a new comparty caled Pose-for-Pict. exehange tof ootmon stoek: haquet 1 the ecopany parchesed wupplies tor 32,518 cash Aogest 20 The eqepazy treeetwed b7, 500 cash froe takisg photon for euatosera . nalyze each transaction above by showing its effects on the accounting equation-specifically, identify the accounts and amounts icluding + or - f for each transaction. Use the following partial chart of accounts: Cash; Supplies: Prepaid Insurance; Equipment ommon Siock Services Revenue; and Utilites Expense. Required information [The following information applies to the questions displayed below] Following are the transactions of a new company called Pose-for-Pics. August 1 M. Barrin, the owner, invested $13,250 cash and $56,975 of photography equipeent in the carpany in exchange for common stock. Augunt 2 The company paid $3,100 cash for an insurance polfoy covering the next 24 montha. Auguat 5 The company purchased supplies for $2,518 cash. Augunt 20 The coepany received $2,500 cash from taking photo for customers, August 31 The company paid $883 cash for August utilities. Inalyze each transaction above by showing its effects on the accounting equation-5pecifically, identify the accounts and amounts ncluding + or ) for each transaction. Use the following partial chart of accounts: Cash; Supplies; Prepaid Insurance: Equipment; Common Stock; Services Revenue; and Utilities Expense. Anayre each transaction above by showing its effects on the accounting equation-specificsty, identify the accounts and arnousts Uncluding + of - ) for each transection. Use the followig partial chan of accounts; Cash; Supplies, Prepaid insurances Equipment: Common Stock; Services Pevenue; and thilities Expense