Question: How do you input the Assets, Liabilities, and Equity? Required information [The following information applies to the questions displayed below Following are the transactions of

How do you input the Assets, Liabilities, and Equity?
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 $6,750 cash and $29,025 of photography equipment in the company. August 2 The company paid $3,800 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,283 cash. August 20 The company received $2,250 cash from taking photos for customers. August 31 The company paid $881 cash for August utilities. Analyze each transaction above by showing its effects on the accounting equation-specifically, identify the accounts and amounts (including + or ) for each transaction. Use the following partial chart of accounts: Cash; Supplies; Prepaid Insurance; Equipment; M. Harris, Capital; Services Revenue; and Utilities Expense
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