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 August 1 M. Harris, the owner, invested $10,000 cash and $43,000 of photography equipment in the company in exchange for common stock. August 2 The company paid $3,000 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,900 cash. August 20 The company received $3,150 cash from taking photos for customers. August 31 The company paid $883 cash for August utilities. Exercise 2-12 (Algo) Preparing T-accounts (ledger) and a trial balance LO P1 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. Balance Cash Balance Prepaid Insurance Balance 0 Common Stock Balance Utilities Expense Balance 0 Balance Balance Supplies Equipment 0 Services Revenue Required 1 Required 2 > 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 Cash Supplies Prepaid insurance Equipment Common stock Services revenue. Utilities expense Totals August 31 Debit Credit $ 0 $ Required 1 Required 2>