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.

August 1	M. Harris, the owner, invested $12,000 cash and $51,600 of photography equipment in the company in exchange for common stock.
August 2	The company paid $2,300 cash for an insurance policy covering the next 24 months.
August 5	The company purchased supplies for $2,280 cash.
August 20	The company received $3,100 cash from taking photos for customers.
August 31	The company paid $877 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.

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. Harris, the owner, invested $12,000 cash and $51,600 of photography equipment in the company in exchange for common stock. August 2 The company paid $2,300 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $2,280 cash. August 20 The company received $3,100 cash from taking photos for customers. August 31 The company paid $877 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. Post the transactions to the T-accounts. Cash August 1 12.000 August 31 Balance 11,123 Prepaid Insurance August 2 2,300 Balance 2,300 Common Stock August 1 Balance 0 Utilities Expense August 31 877 877 August 5 Balance August 1 Balance August 20 Balance Supplies 2,280 2,280 Equipment 51,600 51,600 Services Revenue 3,100 3,100 Complete this question by entering your answers in the tabs below. Required 1 Required 2 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 Credit Cash Supplies Prepaid insurance Equipment Common stock $ 63,600 Services revenue 3,100 Utilities expense Totals 66,700 Debit 2,280 2,300 51,600 877 $ 57,057 $