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Enter the amount of each transaction on individual items of the accounting equation. Sanyu Sony started a new business and completed these transactions during December.
Enter the amount of each transaction on individual items of the accounting equation.
Sanyu Sony started a new business and completed these transactions during December. December December December December December December De cembe r De cembe r De cembe r De cembe r De cembe r De cembe r De cembe r De cembe r Required: 1 3 6 8 15 18 20 24 28 29 30 31 Sanyu Sony transferred $69,500 cash from a personal savings account to a checking account in the name of Sony Electric in exchange for its common stock. The The the The The The The The The The The The The The company paid $1,200 cash for the December rent. company purchased $13,500 of electrical equipment by paying $5,300 cash and agreeing to pay $8, 2 balance in 30 days. company company company company company company company company company company company purchased supplies by paying $9 cash. completed electrical work and immediately collected $1, cash for these services. purchased $2,960 of office equipment on credit. completed electrical work on credit in the amount of $6,600. purchased $400 of supplies on credit. paid $2, 960 cash for the office equipment purchased on December 8. bitted a client $900 for electrical work completed; the balance is due in 30 days. received $6, 6 cash for the work completed on December 15. paid the assistant's salary of $1, 900 cash for this month. paid $5 cash for this month's utility bill. paid $970 cash in dividends to the owner (sole shareholder) . 1. Enter the amount of each transaction on individual items of the accounting equation. Note: Enter reductions to account balances with a minus sign. Date Cash 69 (1,200) + 68,300 (5,300) + 63,000 (900) + 62,100 1 ,ooo 63,100 63,100 63,100 400 63 (2,960) + 60,540 60,540 6,600 67,140 (1,900) + 65,240 (500) + 64,740 (970) + 63,770 Accounts Receivable goo goo (6,600) + (5,700) + (5,700) + (5,700) + (5,700) + Supplies goo goo goo goo goo goo goo goo goo goo goo goo Office 2,960 2,960 2,960 2,960 2,960 2,960 2,960 2,960 2,960 2,960 Electrical i ment 13,500 13,500 13,500 13,500 13,500 13,500 400 13,900 13,900 13,900 13,900 13,900 13,900 13,900 Accounts Pa ble (8,200) + (8,200) + (8,200) + (8,200) + 2,960 (5,240) + (5,240) + (5,240) + (2,960) + (8,200) + (8,200) + (8,200) + (8,200) + (8,200) + (8,200) + Common 69,500 - 69,500 - 69,500 - 69,500 - 69,500 - 69,500 - 69,500 - 69,500 - 69,500 - 69,500 - 69,500 - 69,500 - 69,500 - 69,500 - Dividends Revenues 1,000 - 1,000 - 1,000 - 1,000 - 1,000 - 1,000 - goo - 1,900 - 1,900 - 1,900 - 1,900 - 1,900 - Expenses December 1 December 2 Balance after December 1 December 3 Balance after December 3 December 5 Balance after December 5 December 6 Balance after December 6 December 8 Balance after December 8 December 15 and December 2 Balance after December 15 December 18 Balance after December 18 December 20 Balance after December 20 December 24 Balance after December 24 December 28 Balance after December 28 December 29 Balance after December 29 December 30 Balance after December 30 December 31 Balance after December 31
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