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 $13,000 cash and $55,900 of photography equipment in the company in exchange for common stock. August 2 The company paid $2,900 cash for an insurance policy covering the next 24 nonths. August 5 The company purchased supplies for $2,470 cash. August 20 The company received $3,700 cash from taking photos for custoners. August 31 The company paid $882 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. Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Pics. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ POSEFOR-PICS } \\ \hline \multicolumn{1}{|c|}{ Trial Balance } \\ \hline \multicolumn{1}{|l|}{ August 31} & \\ \hline & Debit & Credit \\ \hline Cash & & \\ \hline Supplies & & \\ \hline Prepaid insurance & & \\ \hline Equipment & & \\ \hline Common stock & & \\ \hline Services revonue & & \\ \hline Uthities expense & & \\ \hline Totals & & \\ \hline \end{tabular}