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Camden Tinnemeyer started a new business. Tinnemeyer Gymnastics, and completed the following transactions during December Click the icon to view the transactions.) Analyze the effects
Camden Tinnemeyer started a new business. Tinnemeyer Gymnastics, and completed the following transactions during December Click the icon to view the transactions.) Analyze the effects of the transactions on the accounting equation of Tinnemeyer Gymnastics. Use the folowing accounts: Cash Accounts Receb Ofice Supplies Accounts Payne, Common Stack Oven, Service Revenue Expense uiter Expense, Wages Expense, and Advertising Expense C Analyze the events chronologically, one transaction at a time, beginning with the transaction on the 1st. For each pansaction that follows the transaction on the 1st, (Complete only the necessary answer boxes for your ansaction lines. Do not enter any zeros for your action Ines] Cayden bences to the tale account with a minus sign or parentheses Abbreviations used AP Accounts Payable AR Accounts Receivable Ad Advering Cho Com Serv Rev Service Revenue Sup Supplies UU) the Salance in an account i cuding zero banor Coretant D 32/3 122 125 129 Bal Assets Liab Equity Cont Capital Reed Earings Cen AR Of AP Sup Com Sock D thev Exp. Exp dances Ener a decresce a offer Time Remaining 005437 Question 1 of 2 TI > TH More infor Dec. 1 Dec. 2 Dec. 5 Dec. 9 Received $21,000 cash from Camden in exchange for common stock Received $2,000 cash from customers for services performed. Paid $350 cash for office supplies Performed services for a customer and billed the customer for services rendered, $1.500. Dec. 10 Received $600 invoice for utilities due in two weeks Dec. 15 Paid for advertising in the local paper, $500 Dec. 20 Paid utility invoice received on December 10. Dec. 25 Collected cash in full from customer billed on December 0 Dec. 28 Paid rent for the month, $2,600 Dec. 28 Paid $1.300 to assistant for wages Dec. 30 Dec. 31 Received $1,000 cash from customers for services pedonned Cash dividends of $2,000 were paid so stockholders Print Done
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