Analyze the events chronologically, one transaction at a time, beginning with the transaction on May 1st. For each transaction that follows the May 1st transaction, calculate the balance in each account after analyzing its effect on the accounting equation. Complete on the necessary answer boxes for your transaction lines. For ransaction lines. do not enter a an account is not effect d the ran action ary down all balances othe aline including zero balance accounts, entering a " for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviation used: Contr. Contributed, Liab. -Liabilities.) ASSETS LIAB EQUITY Contr Capital+ Retained Earnings Cash+Accounts Equipment Accounts+Common-DividendsServiceGas PayableStock Receivable RevenueExpense