osmo Tanner started a new business, Tanner Gymnastics, and completed the following transactions during December:

$($Click the icon to view the transactions.$)$

nalyze the effects of the transactions on the accounting equation of Tanner Gymnastics. Use the following accounts: Cash, Accounts Receivable, Office Sup Common Stock, Dividends, Service Revenue, Rent Expense, Utilities Expense, Wages Expense, and Advertising Expense.

Dec. $1$ Received $$18,000$ cash from Cosmo in exchange for common stock.

Dec. $2$ Received $$2,600$ cash from customers for services performed.

Dec. $5$ Paid $$200$ cash for office supplies.

Dec. $9$ Performed services for a customer and billed the customer for services rendered, $$3,000.$

Dec. $10$ Received $$650$ invoice for utilities due in two weeks.

Dec. $15$ Paid for advertising in the local paper, $$375.$

Dec. $20$ Paid utility invoice received on December $10.$

Dec. $25$ Collected cash in full from customer billed on December $9.$

Dec. $28$ Paid rent for the month, $$3,000.$

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Dec. y Penormed services tor a customer and bilied the customer tor services rendered, $$3,000.$

Dec. $10$ Received $$650$ invoice for utilities due in two weeks.

Dec. $15$ Paid for advertising in the local paper, $$375.$

Dec. $20$ Paid utility invoice received on December $10.$

Dec. $25$ Collected cash in full from customer billed on December $9.$

Dec. $28$ Paid rent for the month, $$3,000.$

Dec. $28$ Paid $$1,200$ to assistant for wages.

Dec. $30$ Received $$1,800$ cash from customers for services performed:

Dec. $31$ Cash dividends of $$4,000$ were paid to stockholders.