1-9A (Algo) Part 1 Required: 1. Enter the amount of each transaction on individual items of the accounting equation. (Enter reductions to account balances with a minus sign.) Date December 1 Assets Cash Accounts Receivable Supplies Office Equipment Electrical Equipment Liabilities Accounts Payable Equity Common Stock Dividends Revenue Expenses + - . + December 2 Balance after December 1 and December 2 . + . December 31 + . " . . Balance after December 31 . . " + . December 5 . . . Balance afer December 5 + . " . December 6 . . " Balance after December 6 . . + December 8 . " . Balance after December 8 + . . . December 151 . . Balance after December 15 December 18 Balance afer December 181 December 20 Balance after December 20 December 24 Balance after December 24 December 28 Balance after December 28 . . . . . . . + . . . . . . . . . + . . . . . + " . . " . December 29 . . . Balance afer December 29 . + . . . " December 30 + Balance after December 30 December 31 . . . . . . + Balance afer December 31 - - - Required information Problem 1-9A (Algo) Analyzing transactions and preparing financial statements LO P1, P2 [The following information applies to the questions displayed below.] Sanyu Sony started a new business and completed these transactions during December. December 1 Sanyu Sony transferred $66,300 cash from a personal savings account to a checking account in the name of Sony Electric in exchange for its common stock. December 2 The company paid $1,500 cash for the December rent. December 3 The company purchased $14,300 of electrical equipment by paying $6,100 cash and agreeing to pay the $8,200 balance in 30 days. December 5 The company purchased supplies by paying $800 cash. December 6 The company completed electrical work and immediately collected $1,800 cash for these services. December 8 The company purchased $2,930 of office equipment on credit. December 15 The company completed electrical work on credit in the amount of $5,700. December 18 The company purchased $470 of supplies on credit. December 20 The company paid $2,930 cash for the office equipment purchased on December 8. December 24 The company billed a client $900 for electrical work completed; the balance is due in 30 days. December 28 The company received $5,700 cash for the work completed on December 15.. December 29 The company paid the assistant's salary of $1,300 cash for this month.. December 30 The company paid $540 cash for this month's utility bill. December 31 The company paid $940 cash in dividends to the owner (sole shareholder)