Required information Use the following information for Exercise 2-9 through Exercise 2-12 below. (Algo) [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 $10,500 cash and $45, 150 of photography equipment in the company in exchange for common stock. August 2 The company paid $3,100 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,995 cash. August 20 The company received $3,350 cash from taking photos for customers. August 31 The company paid $879 cash for August utilities. Exercise 2-12 (Algo) Preparing T-accounts (ledger) and a trial balance LO P1 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.