December 1	Sanyu Sony transferred $65,000 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 $1,000 cash for the December rent.
December 3	The company purchased $13,000 of electrical equipment by paying $4,800 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 $1,200 cash for these services.
December 8	The company purchased $2,530 of office equipment on credit.
December 15	The company completed electrical work on credit in the amount of $5,000.
December 18	The company purchased $350 of supplies on credit.
December 20	The company paid $2,530 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 $5,000 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 $540 cash for this month's utility bill.
December 31	The company paid $950 cash in dividends to the owner (sole shareholder).

Assets Liabilities Date Cash + Accounts Receivable + Supplies + Office Equipment + Electrical Equipment Il = Accounts Payable + Common Stock December 1 + + $ 800 x + + $ 1,200 X + $ 65,000 $ 65,000 4,800 + 4,800 + 800 X + + 1,200 + 1,000 X December 2 Balance after December 1 and December 2 69,800 + 4,800 + 1,600 + 0 + 2,400 II = 0 + 66,000 December 3 13,000 X + + + + 8,200 + 1,000 X 5,800 1,200 X 67,200 Balance after December 3 82,800 + + 1,600 + 0 + 2,400 = 8,200 + December 5 + + + + = + Balance after December 5 82,800 + 5,800 + 1,600 + 0 + 2,400 = 8,200 + 67,200 December 6 + + + + = + Balance after December 6 5,800 + 1,600 + 0 + 2,400 = 8,200 + 67,200 December 8 + + + + = + 1,200 84,000 + 2,530 X 86,530 5,000 91,530 + Balance after December 8 + 5,800 + 1,600 + 0 + 2,400 = 8,200 + 67,200 December 15 + + + + = + Balance after December 15 5,800 + 1,600 + 0 + 2,400 8,200 + 67,200 December 18 350 X + + + + + Balance after December 18 91,880 + 5,800 + 1,600 + 0 + 2,400 = 8,200 + 67,200 December 20 2,530 X + + + + = + Balance after December 20 94,410 + 5,800 + 1,600 + O + 2,400 = 8,200 + 67,200 Common Stock Dividends + Revenues I Expenses $ 65,000 $ - - $ 65,000 X + 1,000 X 65,000 X 1,000 X $ 65,000 X 1,000 1,000 X + - - 66,000 - 66,000 + 66,000 - - 66,000 1,200 X + - - 67,200 - 66,000 + 66,000 66,000 1,200 x - + 1,200 X - 67,200 - 66,000 + 67,200 - 67,200 + 5,000 X - 67,200 - 66,000 + 72,200 - - - + 67,200 - 66,000 + 72,200 - - + - 67,200 - 66,000 + 72,200 - 67,200 5,000 X 72,200 5,000 X 77,200 5,000 X 82,200 5,000 X 87,200 - + - - 67,200 - 66,000 + 72,200 - - + - 67,200 - 66,000 + + 72,200 - - December 24 900 X + + + + II = + _ Balance after December 24 + + 1,600 + 0 + II = 8,200 + 67,200 December 28 + 5,800 5,000 X 10,800 + + + 2,400 1,400 X 3,800 + 95,310 5,000 100,310 1,400 101,710 - Balance after December 28 + + 1,600 + 0 + - 8,200 + 67,200 - December 29 + + + + 540 = + - Balance after December 29 + 10,800 + 1,600 + 0 + 4,340 = 8,200 + 67,200 December 30 540 + + + + 950 = + - Balance after December 30 102,250 + 10,800 + 1,600 + 0 + 5,290 II = 8,200 + 67,200 - December 31 950 X + + + 950 X = II + - + + Balance after December 31 $ 103,200 + $ 10,800 + $ 1,600 + $ 0 + $ 6,240 II = $ 8,200 + $ 67,200 66,000 + 72,200 - 87,200 + - 900 x 66,000 + 72,200 - 88,100 - + - 900 x - 66,000 72,200 + + 89,000 1,400 - - 66,000 + 72,200 90,400 + - 540 66,000 + 72,200 90,940 + 0 - $ 66,000 $ + 72,200 - - $ 90,940