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! Required information [ The following information applies to the questions displayed below. ] Following are the transactions of a new company called Pose -

!
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 $11,250 cash and $48,375 of photography equipment in the company in exchange for common stock.
August 2 The company paid $2,700 cash for an insurance policy covering the next 24 months.
August 5 The company purchased supplies for $2,138 cash.
August 20 The company received $2,050 cash from taking photos for customers.
August 31 The company paid $870 cash for August utilities.
Required:
Post the transactions to the T-accounts.
Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Pics.
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