Dec. 1 Received $19,000 cash from Conner in exchange for common stock.

Dec. 1 Received $19,000 cash from Conner in exchange for common stock.
2 Received $3,8000 cash from customers for service preformed.
5 paid $200 cash for office supplies
9 Preformed services for a customer and billed the customer for the 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 December 10
25 Collected cash in full from customer billed on December 9
28 Paid rent for the month $1,600
28 Paid $1,450 to assistant for wages
30 Received $1,400 cash from customer for services preformed
31 Cash dividends of $3,500 were paid to stockholders
Analyze the effects of the transactions on the accounting equation of
ThomasThomas
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: A/P​ = Accounts​ Payable; A/R​ = Accounts​ Receivable; Adv.​ = Advertising; Com.​ = Common; Contr.​ = Contributed; Div.​ =
Dividends​;
Exp.​ = Expense; Liab.​ = Liabilities; Off. Sup.​ = Office​ Supplies; Sal.​ = Salaries; Serv. Rev.​ = Service​ Revenue;