Required information [The following information applies to the questions displayed below.] Following...
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Required information The following information applies to the questions displayed below. Following are the transactions of a new company called PoseforPics. August M Harris, the owner, invested $ cash and $ of photography equipment in the company in exchange for common stock. August The company paid $ cash for an insurance policy covering the next months. August The company purchased supplies for $ cash. August The company received $ cash from taking photos for customers. August The company paid $ cash for August utilities. nalyze each transaction above by showing its effects on the accounting equationspecifically, identify the accounts and amounts ncluding or for each transaction. Use the following partial chart of accounts: Cash; Supplies; Prepaid Insurance; Equipment; fommon Stock; Services Revenue; and Utilities Expense. 
Required information
The following information applies to the questions displayed below.
Following are the transactions of a new company called PoseforPics.
August M Harris, the owner, invested $ cash and $ of photography equipment in the company in exchange for common stock.
August The company paid $ cash for an insurance policy covering the next months.
August The company purchased supplies for $ cash.
August The company received $ cash from taking photos for customers.
August The company paid $ cash for August utilities.
nalyze each transaction above by showing its effects on the accounting equationspecifically, identify the accounts and amounts ncluding or for each transaction. Use the following partial chart of accounts: Cash; Supplies; Prepaid Insurance; Equipment; fommon Stock; Services Revenue; and Utilities Expense.
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