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Use the following information for Exercise 2.9 through Exercise 2.12 below. (Algo) The foliowing information...

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Accounting

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Use the following information for Exercise 2.9 through Exercise 2.12 below. (Algo) The foliowing information applies to the quostions dspiayed betow] Following are the transactions of a new campary called Pose for Pics August I M. Harris, the owner, invested $15, eae cash and 464, sea of photography equipeent in the coepany in exchange for ceocon stock. August 2 The conpany pasd 52,360 cash for an insurasce policy covering the oext 24 nopths. August 5. The coopany purchased sapplies for 52 , tise cash. hugust 20 The coopany recetved $2,500 cash froe takimg photos for custoners. hugust is the consany poid 5076 cash for August utitities. Exercise 2-11 (Algo) Analyzing transactions using accounting equation LO A1 Anatyze each transection above by showing iss effects on the accounting equabon-specifically identfy the accounts and amounts including + or - ) for each transaction. Use the following pantiat chart of accounts: Casn Supples: Prepaid insurance; Equipment, Commen stock Services Alevense and Utaities Expence. zunting equation-5pecifically, identify the accounts and amounts int of accounts: Cash; Supplies; Prepaid Insurance; Equipment

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