Business, 13.12.2019 18:31 Coscutt

Aug. 1 madison harris, the owner, invested $7,800 cash and $34,800 of photography equipment in the company in exchange for common stock. 2 the company paid $3,400 cash for an insurance policy covering the next 24 months. 5 the company purchased office supplies for $1,010 cash. 20 the company received $4,631 cash in photography fees earned. 31 the company paid $805 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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Aug. 1 madison harris, the owner, invested $7,800 cash and $34,800 of photography equipment in the c...

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