Business, 18.08.2020 21:01 IntellTanito

Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $5,500 cash and $23,650 of photography equipment in the company in exchange for common stock.
2 The company paid $3,800 cash for an insurance policy covering the next 24 months.
5 The company purchased office supplies for $1,045 cash.
20 The company received $2,150 cash in photography fees earned.
31 The company paid $884 cash for August utilities.

Required:
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, the ow...

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