Required information The rollowing information applies to the questions displayed below] Following are the transactions of a new company called Pose-for-Pics. August 1 H. Marrts, the owner, thvestes $12,500 cash and $53,750 of photogcophy equipoent in the company in exchange for comon stock. August 2 The cospany paid $3,609 cash for an insurance policy covering the next 24 months. August 5 The company purchosed supplies for $2,375 cash. August 20 The company recelved $3,150 cash fron taking photos for custoners. August 31 The company pald $579 cash for August uttilites. Open a ledger account for Cash in balance column format. Post general journal entries that impact cash from above transactions to the ledger account for cash