During December of this year, G. Elden established Ginny's Gym. The following asset, liability, and owner's equity accounts are included in the chart of accounts: Cash Accounts Payable Exercise Equipment G. Elden, Capital Income from Services Store Equipment Office Equipment Advertising Expense During December, the following transactions occurred: a. Elden deposited $33,000 in a bank account in the name of the business. b. Bought exercise equipment for cash, $7,860, Ck. No. 1001. C. Bought advertising on account from Hazel Company, $100. d. Bought a display rack (Store Equipment) on account from Cyber Core, $800. e. Bought office equipment on account from Office Aids, $500. f. Elden invested her exercise equipment with a fair market value of $2,540 in the business. g. Made a payment to Cyber Core, $340, Ck. No. 1002. h. Sold services for the month of December for cash, $770. Required: 1. Under each T account for the account classifications (Assets, Liabilities, Capital, Drawing, Revenue, Expense) in the fundamental accounting equation, select either a plus or minus sign on the left side to indicate whether a Debit increases or decreases the classification and select either a plus or minus sign on the right side to indicate whether a Credit increases or decreases the classification. Assets Liabilities Capital Debit Credit Debit Credit Debit Credit Drawing Revenue Expenses Debit Credit Debit Credit Debit Credit 2. Under each T account for the accounts under the classifications, select either a plus or minus sign on the left side to indicate whether a Debit increases or decreases the classification and select either a plus or minus sign on the right side to indicate whether a Credit increases or decreases the classification. 3. Record the amounts in the proper positions in the T accounts. Record the amounts in the order given (letters 'a' through 'h'). 4. Foot and balance the accounts. Accounts Payable Cash Debit Credit Debit Credit Bal. Bal. Exercise Equipment G. Elden, Capital Debit Credit Debit Credit Bal. Bal. Store Equipment Income from Services Debit Credit Debit Credit Bal. Bal. Office Equipment Advertising Expense Debit Credit Debit Credit Bal. Bal