Use the following information for Exercise 2-9 through Exercise 2-12 below. (Algo) Skip to question [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 $10,000 cash and $43,000 of photography equipment in the company in exchange for common stock. August 2 The company paid $3,600 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,900 cash. August 20 The company received $3,400 cash from taking photos for customers. August 31 The company paid $883 cash for August utilities.Analyze each transaction above by showing its effects on the accounting equationspecifically, identify the