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 $6,250 cash and $26,875 of photography equipment in the company. August 2 The company paid $4,000 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,188 cash. August 20 The company received $2,450 cash from taking photos for customers. August 31 The company paid $870 cash for August utilities. Analyze each transaction above by showing its effects on the accounting equation-specifically, identify the accounts and amounts (including + or -) for each transaction. Use the following partial chart of accounts Cash, Supplies, Prepaid Insurance; Equipment, M Harris, Capital; Services Revenue, and Utilities Expense. Date August 1 August 1 August 2 August 2 August 5 August 5 August 20 August 31 Assets Liabilities 4 Equity