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please help Following are the transactions of a new company called Pose-for-Pics August 1 H. Harris, the owner, invested $6,500 cash and $33,500 of photography
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Following are the transactions of a new company called Pose-for-Pics August 1 H. Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for common stock. August 2 The company paid $2,100 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $180 cash. August 20 The company received $3,331 cash from taking photos for customers. August 31 The company paid $675 Cash for August utilities ak 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 1 Complete this question by entering your answers in the tabs below. mt Required 1 Required 2 ances Post the transactions to the T-accounts. Supplies August 1 Cash 6,509 August 1 33,500 Balance 27,000 Balance Prepaid Insurance Equipment Balance Balance Common Stock Services Revenue Balance Balance Following are the transactions of a new company called Pose-for-Pics. August 1, Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for common stock. August The company paid $2,100 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $800 cash. August 20 The company received $3,331 cash from taking photos for customers. August 31 The company paid $675 cash for August utilities 56 its eBook 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 Hint Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 .. References Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-pics. POSE FOR PICS Trial Balance August 31 Debit Credit Cash Supplies Prepaid Insurance Equipment Common stock Services revenue Utilities expense Totals 05 Step by Step Solution
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