Following are the transactions of a new company called pose-for-pics.
aug. 1
madi...
Business, 12.11.2019 00:31 ethancarter560
Following are the transactions of a new company called pose-for-pics.
aug. 1
madison harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for common stock.
2 the company paid $2,100 cash for an insurance policy covering the next 24 months.
5 the company purchased office supplies for $880 cash.
20 the company received $3,331 cash in photography fees earned.
31 the company paid $675 cash for august utilities.
prepare an august 31 trial balance for pose-for-pics.
debit credit
cash
offices
prepaid insurance
photography equipment
common stock
photography fees earned
utilities expense
totals
dont have to caculate totals. you!
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