Total Assets $19,425

Christopher Turner started a new business, Turners Gymnastics and completed the following transactions during December:

Dec. 1-Christopher contributed $21,000 case in exchange for capitol

Dec. 2-received $3,500 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, $2000

Dec.10-Received $300 bill for utilities due in two weeks

Dec.15-Paid for advertising in the local papers $325

Dec.20-Paid utility bill received Dec. 10

Dec.25-Collected cash from customer billed Dec 9

Dec. 28-Paid rent for the month of $2,000

Dec. 28-Paid $1,250 to assistant for wages

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

Dec. 31-Christopher withdrew $5,000 cash from the business

ATEMPLATEWAS PROVIDED BY INSTRUCTOR. IT WAS CLEAR, I ATTEMPTED TO START AND UNABLE TO FOLLOW.

= Assets Date Cash 1 2 Bal. 5 Bal. 9 Bal. 10 Bal. 15 Bal. 20 Bal. 25 Bal. 28 Bal. 28 Bal. 30 Bal. 31 Bal. + Accounts Receivable 21,000 3,500 $ 24,500 Total Assets: + Office Supplies $200 $0 Liabilities + Owners Equity = Accounts Payable + Turner Equity $200 Total Liabilities and Owners Equity Type of Owners Equity Transaction 21,000 Capitol 21,000 $0