Following are the transactions of a new company called pose-for-pics.

aug. 1 madison harris, the owner, invested $8,000 cash and $35,000 of photography equipment in the company.
2 the company paid $3,600 cash for an insurance policy covering the next 24 months.
5 the company purchased office supplies for $1,030 cash.
20 the company received $4,831 cash in photography fees earned.
31 the company paid $825 cash for august utilities.

required:
1. post the transactions to the t-accounts.
2. use the amounts from the t-accounts in requirement (1) to prepare an august 31 trial balance for pose-for-pics.

Ryan is deciding between attending western state university and eastern state university. he cannot attend both universities simultaneously. both are fine universities, but the reputation of western is slightly higher, as is the tuition. let mu subscript upper e and mu subscript upper w be ryan's marginal utilities from attending eastern and western state universities respectively and upper p subscript upper e and upper p subscript upper w be the prices of attending eastern and western state universities. using the rule of consumer optimum, ryan will decide to attend eastern state university, if mue/pe exceeds muw/pw attend eastern state university if mue/pe is less than muw/pw attend western state university, if pe/mue< pw/muw attend western state university, since it gives him more utility.