Check my work of 2 Required information The following information applies to the questions displayed below) Sanyu Sony started a new business and completed these transactions during December Dec. ok 1 Sanyu Sony transferred $69,300 cash from a personal savings account to a checking account in the name of Sony Electric in exchange for its common stock. 2 The company rented office space and paid $1,200 cash for the December rent. 3 The company purchased $13,400 of electrical equipment by paying 55,200 cash and agreeing to pay the $8,200 balance in 30 days. S The company purchased office supplies by paying $900 cash. 6 The company completed electrical work and Innediately collected $1,300 cash for these services. 8 The company purchased $2,610 of office equipent on credit. 15 The company completed electrical work on credit in the anount of $5,700. 18 The company purchased $410 of office supplies on credit. 20 The company paid $2,610 cash for the office equipment purchased on December 8. 24 The company billed a client $1,000 for electrical work completed; the balance is due in 30 days. 28 The company received $5,700 cash for the work completed on December 15. 29 The company paid the assistant's salary of $1,400 cash for this month. 30 The company paid $600 cash for this month's utility bill. 31 The company paid $920 cash in dividends to the owner (sole shareholder). cnces Required: 1. Enter the amount of each transaction on individual items of the accounting equation (Enter reductions to accounting balances with a minus sign.) Date Cash Accounts Receivable Assets Office Supplies Office Equipment Electrical Equipment Liabilities Accounts Payable Common Stock Equity Dividends + Revenues Expenses + Dec 1 2 11 + --- Bal + + + + 0 O . 0 + 0 0 - 0 + 0 a 3 + - 7 Required: 1. Enter the amount of each transaction on individual items of the accounting equation (Enter reductions to accounting balances with a minus sign.) Part 1 of 2 Equity Assets Orice Supplies Liabilities Accounts Payable Revenues Expenses Accounts Receivable Cash Dividends 1 Date Office Equipment Common Stock Electrical Equipment Dec 1 . 2 10 0 O. Bal O O O 0 - 0 - 3 + . . 01 - ol. Bal 0 -10 0 0 O O + . . + 0 + + 0 B . 0 0. -10 + 0 10 - 0 61 . + 0 0 + O 0 O 10 Bal 0 O O 0- 81 - + . + - .O 01 - ol. + ol O. O 01. - O O Bal 15 . + . . + O O 0 0 -O 0 0. -0 0 18 . + + . . Bal O. 0 + - O + 10 ol- 10 - 0 + 10 0- 0 20 + + 0 + O . 0- + 0 ol 0 - 0 0 0 0 24 0 10 0 - +O 0 0. 0 O . 0- 0 28 . . Ba O 0 .O O O 10 O O -10 0 29 . + 0. 0 + 10 O 01 - O. O + -10 0 30 + . . + 0 + . O. D. 10 10 lo + -10 0 31 + $ 0.- $ 0 + $ 0 - $ D. $ 0 $ 0 - $ $ $ D
