Business, 05.02.2020 11:57 jeanniebyrd54

Christopher thompson started a new business, thompson 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 thompson 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; util. = utility.)

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Christopher thompson started a new business, thompson gymnastics, and completed the following transa...