Business, 03.03.2020 00:02 Jinesha

Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $6,250 cash and $26,875 of photography equipment in the company in exchange for common stock. 2 The company paid $2,900 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $1,188 cash. 20 The company received $2,550 cash in photography fees earned. 31 The company paid $884 cash for August utilities.

Prepare an August 31 trial balance for Pose-for-Pics.

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Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the own...

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