[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 $13,250 cash and $56,975 of photography equipment in the company in exchange for common stock.
August 2	The company paid $2,500 cash for an insurance policy covering the next 24 months.
August 5	The company purchased supplies for $2,518 cash.
August 20	The company received $2,000 cash from taking photos for customers.
August 31	The company paid $865 cash for August utilities.

rev: 09_25_2021_QC_CS-279674

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.

Required information [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 $13,250 cash and $56,975 of photography equipment in the company in exchange for common August 2 The company paid $2,500 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $2,518 cash. August 20 The company received $2,000 cash from taking photos for customers. August 31 The company paid $865 cash for August utilities. Required: I. 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. \begin{tabular}{l|l} Required 1 Required 2 \end{tabular} Post the transactions to the T-accounts. Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Pics