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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. August 1 M.

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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. August 1 M. Harris, the owner, invested $14,750 cash and $63,425 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 $2,803 cash. August 20 The company received $3,650 cash from taking photos for customers. August 31 The company paid $869 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.

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