Part 2 of 2 2 points eBook Hint References ! Required information [The following information...

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Accounting

Part 2 of 2 2 points eBook Hint References ! 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 $14,500 cash and $62,350 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 $2,755 cash. August 20 The company received $3,200 cash from taking photos for customers. August 31 The company paid $871 cash for August utilities. 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.
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Required information [The following information applies fo the questions cisplayed below] Following are the transactions of a new company called Pose-for-Pics. foe coenons stock. Augest 2 the cemany paid $2,100 cash far an insuratice policy covering the next 24 months. August 5 The cophany purchased supplieb for $2,75 cash. Augest 31 the congany paid sifil cash for Aunust ut lilities. Required: 1. Post the transactions to the taccounts. 2. Use the amounts from the f uccounts in Requirement (1) to prepare an August 31 trial bolance for Pose-for-Pics

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