Prepare an august 31 trial balance for pose-for-pics

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Reference no: EM133538202

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

August 1 M. Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for common stock.
August 2 The company paid $2,100 cash for an insurance policy covering the next 24 months.
August 5 The company purchased supplies for $880 cash.
August 20 The company received $3,331 cash from taking photos for customers.
August 31 The company paid $675 cash for August utilities.

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

Reference no: EM133538202

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