Following are the transactions of a newly established company:

August 1. M. Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for common stock.

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 transactions to the T-accounts. Use the amounts from the T-accounts in Requirement (1) to create an August 31 trial balance for Pose-for-Pics.

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Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post the transactions to the T-accounts. Balance Balance Balance Balance Cash Prepaid Insurance Common Stock Utilities Expense Balance Balance Balance Supplies Equipment Services Revenue Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post the transactions to the T-accounts. Balance Balance Balance Balance Cash Prepaid Insurance Common Stock Utilities Expense Balance Balance Balance Supplies Equipment Services Revenue