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1 Required information [ The following information applies to the questions displayed below. ] Sanyu Sony started a new business and completed these transactions during
Required information
The following information applies to the questions displayed below.
Sanyu Sony started a new business and completed these transactions during December.
December Sanyu Sony transferred $ cash from a personal savings account to a checking account in the name of Sony Electric.
December The company paid $ cash for the December rent.
December The company purchased $ of electrical equipment by paying $ cash and agreeing to pay the $ balance in days.
December The company purchased supplies by paying $ cash.
December The company completed electrical work and immediately collected $ cash for these services.
December The company purchased $ of office equipment on credit.
December The company completed electrical work on credit in the amount of $
December The company purchased $ of supplies on credit.
December The company paid $ cash for the of fice equipment purchased on December
December The company billed a client $ for electrical work completed; the balance is due in days.
December The company received $ cash for the work completed on December
December The company paid the assistant's salary of $ cash for this month.
December The company paid $ cash for this month's utility bill.
December Sanyu Sony withdrew $ cash from the company for personal use.
Required:
Enter the amount of each transaction on individual items of the accounting equation.
Note: Enter reductions to account balances with a minus sign.
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