Following are the transactions of a new company called Pose-for-pics
Aug 1 Madison harris, is the owner, invested $6,500 cash and $33,500 of photography equipment in the company
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.
1. Post the transactions to the T-accounts.
