Assessment $-$ Financial Statements $-200$ point Assignment

i$.$

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Required:

Enter the amount of each transaction on individual items of the accounting equation.

Note: Enter reductions to account balances with a minus sign. $1$

Required:

Enter the amount of each transaction on individual items of the accounting equation.

Note: Enter reductions to account balances with a minus sign.

Part $1$ of $2$

$02$:$09$:$35$

$\backslash$table$[[$Date$,$Assets,$=,\backslash$table$[[$Liabilities$],[$Accounts$],[$Payable$]],+,$Equity$],[$Cash$,+,\backslash$table$[[$Accounts$],[$Receivable$]],+,$Supplies,$+,\backslash$table$[[$Office$],[$Equipment$]],+,\backslash$table$[[$Electrical$],[$Equipment$]],\backslash$table$[[$Common$],[$Stock$]],-,$Dividends,$+,$Revenues,$-,$Expenses$],[$December $1,,+,,+,,+,,+,,=,,+$i$,,-,,+,,-1,],[$December $2,,+,,+,,+,,+,,=,,+,,-,,+,,-,],[$Balance after December $1$ and December $2,,+,,+,,+,,+,,=,,+,,-,,+,,-,],[$December $3,,+,,+,,+,,+,,=,,+1,,-,,+1,,-1,],[$Balance after December $3,,+,,+,,+,,+,,=,,+,,-,,+,,-,],[$December $5,,+,,+,,+,,+,,=,,+,,-,,+,,-1,],[$December $6,,+,,+,,+,,+,,=,,+$i$,,-,,+,,-1,],[$Balance after December $6,,+,,+,,+,,+,,=,,+,,-,,+,,-,],[$December $8,,+,,+,,+,,+,,=,,+1,,-,,+1,,-1,],[$Balance after December $8,,+,,+,,+,,+,,=,,+,,-,,+,,-,],[$December $15,,+,,+,,+,,+,,=,,+$i$,,-,,+,,-1,],[$Balance after December $15,,+,,+,,+,,+,,=,,+,,-,,+,,-,],[$December $18,,+,,+,,+,,+,,=,,+$i$,,-,,+,,-1,],[$December $20,,+,,+,,+,,+,,=,,+1,,-,,+1,,-1,],[$Balance after December $20,,+,,+,,+,,+,,=,,+,,-,,+,,-,],[$December $24,,+,,+,,+,,+,,=,,+1,,-,,+1,,-1,],[$Balance after December $24,,+,,+,,+,,+,,=,,+,,-,,+,,-,],[$December $28,,+,,+,,+,,+,,=,,+$i$,,-,,+,,-1,],[$Balance after December $28,,+,,+,,+,,+,,=,,+,,-,,+,,-,],[$December $29,,+,,+,,+,,+,,=,,+$i$,,-,,+,,-1,],[$Balance after December $29,,+,,+,,+,,+,,=,,+,,-,,+,,-,],[$December $30,,+,,+,,+,,+,,=,,+1,,-,,+,,-1,],[$Balance after December $30,,+,,+,,+,,+,,=,,+,,-,,+,,-,],[$December $31,,+,,+,,+,,+,,=,,+1,,-,,+,,-1,]]$ Required information

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$[$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 $$68,900$ 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 $$1,300$ cash for the December rent.

December $3$ The company purchased $$13,400$ of electrical equipment by paying $$5,200$ cash and agreeing to pay the $$8,200$ balance in $30$ days.

December $5$ The company purchased supplies by paying $$1,000$ cash.

December $6$ The company completed electrical work and immediately collected $$1,100$ cash for these services.

December $8$ The company purchased $$2,870$ of office equipment on credit.

December $15$ The company completed electrical work on credit in the amount of $$6,500.$

December $18$ The company purchased $$370$ of supplies on credit.

December $20$ The company paid $$2,870$ cash for the office equipment purchased on December $8.$

December $24$ The company billed a client $$800$ for electrical work completed; the balance is due in $30$ days.

December $28$ The company received $$6,500$ cash for the work completed on December $15.$

December $29$ The company paid the assistant$$s salary of $$1,400$ cash for this month.

December $30$ The company paid $$570$ cash for this month$$s utility bill.

December $31$ The company paid $$930$ cash in dividends to the owner $($sole shareholder$).$

Required:

$1.$ Enter the amount of each transaction on individual items of the accounting equation.

Note: Enter reductions to account balances with a minus sign.