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Required Information Use the following information for Exercise 2-9 through Exercise 2-12 below. (Static) [The following Information applies to the questions displayed below] Following
Required Information Use the following information for Exercise 2-9 through Exercise 2-12 below. (Static) [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 $6,500 cash and $33,500 of photography equipment in the company. August 2 The company paid $2,100 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $880 cash. August 28 The company received $3,331 cash from taking photos for customers. August 31 The company paid $675 cash for August utilities. Exercise 2-12 (Static) 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 August 1 Cash Supplies Ending Balance Ending Balance Prepaid Insurance Equipment Ending Balance 0 Ending Balance O M. Harris, Capital Services Revenue Ending Balance 0 Utilities Expense Ending Balance 0 Ending Balance 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 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
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