Business, 29.01.2021 16:50 Isabelcastillox1085
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 como 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 Tees earned.
31 The company paid $675 cash for August utilities.
Required:
1. Post the transactions to the T-accounts.
2 Use the amounts from the T-accounts in Requirement to prepare an August 31 trial balance for Pose for Pics.
Answers: 3
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Following are the transactions of a new company called Pose-for-Pics
Aug.
1 Madison Harris,...
1 Madison Harris,...
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