Ch 02 Homework Saved 3 Exercise 2-8 Preparing T-accounts (ledger) and a trial balance LO P2 1.42 points stock. Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $6,800 cash and $33,880 of photography equipment in the company in exchange for common 2 The company paid $2,480 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $910 cash. 20 The company received $3,631 cash in photography fees earned. 31 The company paid $785 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. eBook 09 Hint Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Post the transactions to the T-accounts. Office Supplies Cash 6.800 Aug. 1 Balance 6,800 Balance Prepaid Insurance Photography Equipment Balance 0 Balance Common Stock Photography Fees Earned Balance 0 Balance Utilities Expense Balance 0 Ch 02 Homework i Saved 3 Exercise 2-8 Preparing T-accounts (ledger) and a trial balance LO P2 1.42 points Following are the transactions of a new company called Pose-for-Pics. Aug 1 Madison Harris, the owner, invested $6,888 cash and $33,880 of photography equipment in the company in exchange for common stock 2 The company paid $2,400 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $910 cash. 20 The company received $3,631 cash in photography fees earned. 31 The company paid $785 cash for August utilities. Requlred: 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. eBook Hint Print Complete this question by entering your answers in the tabs below. References 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 Office supplies Prepaid insurance Photography equipment Common stock Photography fees earned Utilities expense Totals S ols 0