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Required information Use the following information for Exercise 2-9 through Exercise 2-12 below. (Algo) [The following Information applies to the questions displayed below.) Following are
Required information Use the following information for Exercise 2-9 through Exercise 2-12 below. (Algo) [The following Information applies to the questions displayed below.) Following are the transactions of a new company called Pose-for-Pics. Augurt 1. Harris, the omer. Invested $11,000 cash and $47,300 of photography equipment in the company. August 2 The company paid $2,600 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $2,090 cash. August 20 The company received $3.650 cash from taking photos for customers. Augurt 31 The company paid $868 cash for August utilities. Exercise 2-12 (Algo) Preparing T-accounts (ledger) and a trial balance LO P1 Required: 1. Post the above 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 above transactions to the T-accounts. Required information Required: 1. Post the above 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 above transactions to the T-accounts. August 1 August 20 Cash 11,000 August 2 Supplies 2,600 August 5 2,090 3,650 August 5 August 31 2,090 868 Ending Balance 9,092 Ending Balance 2,090 Prepaid insurance August 2 2,600 Ending Balance 2,600 M. Harris, Capital Equipment August 1 Ending Balance 0 Services Revenue August 20 August 1 < Prev 82 22 of 25 Next > 22 Required information Cash August 11 Part 2 of 2 11,000 August 2 2,600 August 5 Supplies 2,090 August 20 3,650 August 5 2,090 August 311 068 8 points Ending Balance 9.002 Ending Balance 2,090 Prepaid Insurance look August 2 2,000 Equipment August 1 AIR Pand Beferences Ending Balance 2,600 Ending Balance 0 M. Harris, Capital August 1 Services Revenue August 201 3650 Ending Balance Udes Expense August 31 868 Ending Balance 868 Ending Balance 3.050 Required information 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 Cash Supplies Prepaid insurance Equipment M. Harris, Capital Services revenue Utilities expense Totals August 31 Debit Credit 0 $ < Required 1 Required 2 Required information 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 Cash Supplies Prepaid insurance Equipment M. Harris, Capital Services revenue Utilities expense Totals August 31 Debit Credit 0 $ < Required 1 Required 2
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