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SINO Following are the transactions of a new company called Pose for Pics Aue 1 Madison Harris, the owner, invested $10,750 cash and $46,225 of
SINO Following are the transactions of a new company called Pose for Pics Aue 1 Madison Harris, the owner, invested $10,750 cash and $46,225 of photography equipment in the company in exchange for comon stock 2 The company paid $2,500 cash for an insurance policy covering the next 24 mnths. 5 The company purchased supplies for $2,043 cash 30 The company received $3,458 cash from taking photos for customers. 1 The company paid $171 cash for August utilities nalyze cach transaction above by showing its effects on the accounting equation-specifically, Identify the accounts and amounts ncludingos for each transaction. Use the following partial chart of accounts Conte Supplies Prepaid Insurance Equipment, onmon Stock: Services Revenue and Utilities Expense, Liabies Date Aug 1 Aug 2 + A 20 Aug 31
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