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Christian Timmins started a new business, Timmins Gymnastics, and completed the following transactions during December Click the icon to view the transactions) Analyze the
Christian Timmins started a new business, Timmins 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 Timmins Gymnastics. Use the following accounts Cash, Accounts Receivable Office Supplies Accounts Payable Common Stock Dividend Service Revenue, Rent Expense, Uities Expense, Wages Expense, and Advertising Expense Analyze the events chronologically, one transaction at a time, beginning with the transaction on the 1st. For each transaction that follows the transaction on the 1st, calculate the balance in each account after analyzing tf on the accounting equation. (Complets only the necessary answer boxes for your transaction Ines Do not enter any zeps for your transaction lines) Carry doen al balances to the 'Baline, including zero balance accom entering a "0" for any zera balances Enter a decrease in an account with a minus sign or parentheses Abbreviations uned AP Accounts Payable AR Accounts receivable Adv Adating Com Conn Cok - Contributed Ov Dividends. Exp Expense Liah Liables Off Office Sal Salaries Serv Rev Service Revenue, Sup Supplies Ust Utility) Assets Liab Equity Cont Retained Earnings Cast AR Off A/P Com San R US Sal Ad Sup Stack Re Exp Expl Exp Exp 12/1 12/2
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