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Return tO Following are the transactions of a new company called Pose-for-Pics. 1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment

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Return tO Following are the transactions of a new company called Pose-for-Pics. 1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exehange for common stock. Aug. 2 The company paid $2,100 cash for an insurance policy covering the next 24 montha. 5 The company purchased office supplies for $880 cash. 20 The conpany received $3,331 cash in photography fees earned. 31 The company paid $675 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post the transactions to the T-accounts. Cash Office Supplies Aug. 1 6.500 Aug 2 2.100 880 Aug 5 880 3,331 Aug 5 Aug 20 Aug. 31 675 Balance 6,176 Balance 880 Prepaid Insurance Photography Equipment Aug. 2 2.100 Aug. 1 33,500 An PAR Hetur Required 1 Required 2 Post the transactions to the T-accounts. Cash Office Supplies Aug. 1 6,500 Aug. 2 Aug. 5 2,100 Aug. 5 880 Aug. 20 3,331 880 Aug. 31 675 Balance 6,176 Balance 880 Prepaid Insurance Photography Equipment 2.100 Aug. 2 Aug. 1 33,500 Balance 2,100 Balance 33,500 Common Stock Photography Fees Earned Aug. 1 40,000 Aug. 20 3,331 Balance Balance 40,000 3,331 Utilities Expense 675 O Aug. 31 Balance 675 2. Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Pics. Answer is not complete. 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 August 31 Debit Credit Cash 6,176 Office supplies 880 Prepaid insurance 2,100 33,500 Photography equipment Common stock 40.000 Photography fees earned 3,331 Ublities expense 42,656 43,331 Totals Required 1

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