Required information The following information applies to the questions displayed belowj] Following are the transactions of a new company called Pose-for-Pics: for comson stexk. hugust 2 The conoany paid 53,40e cash for an insurance policy covering the next 24 manths. Aurvist 5 the conpany purchased iupplites for $1,615 eash. Augvit 20 The compery received \$i, 600 cash fron taking photos for customers. Autust 31 The company basd $869 cash for August utilities. Analyze each transaction above by showing its effects on the accounting equation-specifically, lisentify the accounts and amounts (including + or - ) for each transaction. Use the following partial chart of accounts: Cash, 5upplies; Prepaid insurance, Equipment, Common Stock, Services Revenue; and Utilties Expense Required information The following information applies to the questions displayed belowj] Following are the transactions of a new company called Pose-for-Pics: for comson stexk. hugust 2 The conoany paid 53,40e cash for an insurance policy covering the next 24 manths. Aurvist 5 the conpany purchased iupplites for $1,615 eash. Augvit 20 The compery received \$i, 600 cash fron taking photos for customers. Autust 31 The company basd $869 cash for August utilities. Analyze each transaction above by showing its effects on the accounting equation-specifically, lisentify the accounts and amounts (including + or - ) for each transaction. Use the following partial chart of accounts: Cash, 5upplies; Prepaid insurance, Equipment, Common Stock, Services Revenue; and Utilties Expense