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(Solved): 1.) post the transactions to the T accounts2.) use the amounts from the T accounts and requirement o ...
1.) post the transactions to the T accounts
2.) use the amounts from the T accounts and requirement one to prepare an August 31 trial balance for pose-for-pics
Complete this question by entering your answers in the tabs below. Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Pics.
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 \( \$ 8,000 \) cash and \( \$ 34,400 \) of photograpty equipnent in the conpany in August 2 The coepany pare 52 , 30ack. August 2 The coepany paid \( \$ 2,300 \) cash for an insurance policy covering the next 24 nonths. August 5 The conpany purchased supplies for \( \$ 1,520 \) cash. August 20 The conpany recelved \( \$ 3,40 e \) cash fron taking photos for custosers. August 31 The conpany paid s\$77 cash for August utilities. Bequired: 1. Post the transactions to the Taccounts. 2. Use the amourts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Pics Complete this questien toy entering your answers in the tabs below.