Problems $-$ Chapter $2$

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Required information

$[$The following information applies to the questions displyyed below $]$

Following are the transactions of a new company called Pose$-$for$-$Pics.

August $1$ M $.$ Harris, the owner, invested $$11,250$ cash and $$48,375$ of photography equipment in the company in exchange for common steck.

August $2$ The company paid $53,500$ cash for an insurance pelicy covering the next $24$ months.

August $5$ The company purchased supplies for $$2,138$ cash.

August $20$ The conpany received $$3,100$ cash fron taking photos for customers.

August $31$ The company paid sibs cash for appst etilities.

Required:

Post the transactions to the T$-$accounts.

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

Complete this question by entering your answers in the tabs below.

Required $1$

Post the transactions to the T$-$accounts.

$\backslash$table$[[$Cash$],[$August $1,7,750,$August $20,],[$August $2,,$August $31,],[$August $5,,,]]$

$\backslash$table$[[$Supplies$],[,,,],[,,,],[,,,]]$