Conner Thomas started a new business, Thomas Gymnastics, and completed the following transactions during December: (i) (Click the icon to view the transactions.) Analyze the effects of the transactions on the accounting equation of Thomas Gymnastics. 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 its effect on the accounting equation. (Complete only the necessary answer boxes for your transaction lines. [Do not enter any zeros for your transaction lines.] Carry down all balances to the "Bal." line, including zero balance accounts, entering a " 0 " for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used AV= Accounts. Payable; AR=Accounts Receivable; Adv= Advertising. Com = Common; Contr = Contributed, Div = Dividends; Exp = Expense; Liab = Liabilities; Off. Sup = Office Supplies; Sal = Salaries; Serv Rev = Service Revenue; Util = Utility.) More info