Aug 1 Madison Harris, the owner, invested $7,200 cash and $34,200 of photography equipment in the company.
2 The company paid $2,800 cash for an insurance policy covering the next 24 months.
5 The company purchased office supplies for $950 cash.
20 The company received $4,031 cash in photography fees earned.
31 The company paid $745 cash for August utilities.

Required:
a. Post the transactions to the T-accounts.
b. Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-pics.