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[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 $7,500 cash and $32,250 of photography equipment in the company in exchange for common stock. August 2 The company paid $2,800 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $1,425 cash. August 20 The company received $2,100 cash from taking photos for customers. August 31 The company paid $872 cash for August utilities. 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Post the transactions to the T-accounts. \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ POSE-FOR-PICS } \\ \hline \multicolumn{4}{|c|}{ Trial Balance } \\ \hline \multicolumn{4}{|c|}{ August 31} \\ \hline & & ebit & Credit \\ \hline Cash & $ & 4,897 x & \\ \hline Supplies & & 1,425 & \\ \hline Prepaid insurance & & 2,800 & \\ \hline Equipment & & 32,250 & \\ \hline Common stock & & & $39,750 \\ \hline Services revenue & & & 2,100 \\ \hline Utilities expense & & 872 & \\ \hline Totals & $ & 42,244 & $41,850 \\ \hline \end{tabular} Use the amounts from the T-accounts in Requirement (1) to prepare an Au

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