Conner Thomas started a new business, Thomas 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 Thomas Gymnastics + Analyze the events chronologicaly, one transaction at a time, beginning with the transaction on the 1. For each transaction that follows the transaction on the 1st calculate the balance in each account after analyzing is effect on the accounting equation (Complete only the necessary answer bores for your ansaction lines. Do not enter any rers for your transaction lines) Carry down all balances to the Baline, including zero balance scounts, entering a "Ofor any zero balances Enter a decrease in an account with a minus signor parentheses. Abbreviations used AP Accounts Payable: AR Accounts Receivable Adv. = Advertising Com - Common Contr. Contributed Div. - Dividends Exp. Expense Liab - Liabilities of Sup. Office Supplies: Sal-Salaries Serv. Rev. - Service Revenue - Ulty) Assets - Liab Equity Conti Capital Retaned Eaming + AR OM AP + Com Div Serv Rond Sal -AON Sup Stock Rev Exp Exp . Exp 12/1 - Microsoft Edge Lident/PlayerHomework.aspx?homeworkld=578176596&questionid=2&flushed=tr Uyen Nguyen a Ramanujam pter 1 - Graded Homework 2 of 4 (0 complete) countaner analyzing is erect on the accounung equation. (Complete only the necessary answer boxes sapien malam "0" JS More Info V. - XV = = Dec. Oft. up. 1 Received $19,000 cash from Conner in exchange for common stock. 2 Received $3,800 cash from customers for services performed. 5 Paid $200 cash for office supplies. 9 Performed services for a customer and billed the customer for services rendered, $4,500. 10 Received $200 invoice for utilities due in two weeks. 15 Paid for advertising in the local paper, $250. 20 Paid utility invoice received on December 10. 25 Collected cash in full from customer billed on December 9. 28 Paid rent for the month, $1,600. 28 Paid $1,450 to assistant for wages. 30 Received $1,400 cash from customers for services performed. 31 Cash dividends of $3,500 were paid to stockholders. ds an C Print Done o BI Conner Thomas started a new business, Thomas 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 Thomas Gymnastics + Analyze the events chronologicaly, one transaction at a time, beginning with the transaction on the 1. For each transaction that follows the transaction on the 1st calculate the balance in each account after analyzing is effect on the accounting equation (Complete only the necessary answer bores for your ansaction lines. Do not enter any rers for your transaction lines) Carry down all balances to the Baline, including zero balance scounts, entering a "Ofor any zero balances Enter a decrease in an account with a minus signor parentheses. Abbreviations used AP Accounts Payable: AR Accounts Receivable Adv. = Advertising Com - Common Contr. Contributed Div. - Dividends Exp. Expense Liab - Liabilities of Sup. Office Supplies: Sal-Salaries Serv. Rev. - Service Revenue - Ulty) Assets - Liab Equity Conti Capital Retaned Eaming + AR OM AP + Com Div Serv Rond Sal -AON Sup Stock Rev Exp Exp . Exp 12/1 - Microsoft Edge Lident/PlayerHomework.aspx?homeworkld=578176596&questionid=2&flushed=tr Uyen Nguyen a Ramanujam pter 1 - Graded Homework 2 of 4 (0 complete) countaner analyzing is erect on the accounung equation. (Complete only the necessary answer boxes sapien malam "0" JS More Info V. - XV = = Dec. Oft. up. 1 Received $19,000 cash from Conner in exchange for common stock. 2 Received $3,800 cash from customers for services performed. 5 Paid $200 cash for office supplies. 9 Performed services for a customer and billed the customer for services rendered, $4,500. 10 Received $200 invoice for utilities due in two weeks. 15 Paid for advertising in the local paper, $250. 20 Paid utility invoice received on December 10. 25 Collected cash in full from customer billed on December 9. 28 Paid rent for the month, $1,600. 28 Paid $1,450 to assistant for wages. 30 Received $1,400 cash from customers for services performed. 31 Cash dividends of $3,500 were paid to stockholders. ds an C Print Done o BI