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Corner 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 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. Enter each transaction from the 28th on separate lines and in the same order as presented in the problem statement. (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 zoro balance accounts, entering a 'o' for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: AJP Accounts Payable; A/R = Accounts Receivable: Adv. = Advertising. Cap. - Thomas Capital Exp. = Expense Lab. Liabilities: Off Sup. - Office Supplies: Sal. = Salaries, Serv. Rev. = Service Revenue Uit Utility: Withdr - Thomas, Withdrawals) ASSETS = LIAB AP Cash AR . Withdr. Sery + om Sup EQUITY Rent Exp. - Util Exp, Rev - Sal Exp. - Adv. Exp 12/1 + Dec. 1 Conner contributed $19,000 cash in exchange for capital. 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 Dec. 10. 25 Collected cash in full from customer billed on Dec. 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 Thomas withdrew $3,500. Print Done