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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-for-Pics. Augurt 1. Madison Harris,

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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-for-Pics. Augurt 1. Madison Harris, the owner, invested $13,250 eash and $56,975 of photography equipenent in the hompany in exchange for common stock. Tust 2 . The company pald $2,200 cash for an ingurance policy covering the next 24 montha. just 5 The company purchased supplies for $2,518canh. August 20 The company recelved $3,450 cash from taking photon for custoners. Aaqust 31 . The company paid $870 cash for Auquat ubilities. 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. 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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