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[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,
[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. |
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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 20 | The company received $3,331 cash from taking photos for customers. |
August 31 | The company paid $675 cash for August utilities. |
- Post the above 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.
A.
B.
Part A options for columns 1 and 3 on all graphs:
- August 1
- August 2
- August 5
- August 20
- August 31
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