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 $9,250 cash and $39,775 of photography equipment in the company in exchange for common stock. August 2 The company paid $2,288 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,758 cash. August 20 The company received $3,558 cash from taking photos for customers. August 31 The company paid $872 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post the transactions to the T-accounts. Supplies 1.758 August 5 August 1 August 20 Cash 9,250 August 2 3,550 August 5 August 31 17,630 (2.200) (1.758) (872) Balance Balance 1,758 Prepaid Insurance 2,200 Equipment 39,775 August 2 August 1 Balance 2,200 Balance 39.775 Common Stock August 1 August 1 Services Revenue 3,550 August 20 (9.250) (39,775) Balance 49,025 Balance 3,550 Utilities Expense August 31 872 Balance 872 Required Required 2 > 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 $9,250 cash and $39,775 of photography equipment in the company in exchange for common stock August 2 The company paid $2,280 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,758 cash. August 29 The company received $3,550 cash from taking photos for customers. August 31 The company paid $872 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Pics. POSE-FOR-PICS Trial Balance August 31 Debit Credit Cash $ Supplies Prepaid insurance Equipment Common stock S 49,025 Services revenue 3,550 Utilities expense 872 Totals 872 5 52,575