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Enter the ampunt of each transaction on infividual items of the accounting equation. Required information [The following information applies to the questions displayed below.] Sanyu
Enter the ampunt of each transaction on infividual items of the accounting equation.
Required information [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 $66,780 cash from a personal savings account to a checking account in the name of Sony Electric in exchange for its comon stock. December 2 The company paid $1,16 cash for the December rent. December 3 The company purchased $14,56 of electrical equipment by paying $6,30e cash and agreeing to pay the $8,209 balance in 30 days. Decenber 5 The company purchased supplies by paying $80e cash. December 6 The company completed electrical work and immediately collected $1,600 cash for these services. December 8 The company purchased $2,860 of office equipment on credit. December 15 The company completed electrical work on credit in the amount of $4,509. Decenber 18 The company purchased $44e of supplies on credit. December 20 The company paid $2,860 cash for the office equipment purchased on Decenber 8. December 24 . The company billed a client s8ee for electrical work completed; the balance is due in 30 days. December 28 The company received $4,500 cash for the work completed on December 15. December 29 The coopany paid the assistant's salary of $1,5e0 cash for this month. December 30 The company paid $520 cash for this month's utility bill. Decenber 31 The company paid $99e cash in dividends to the owner (sole shareholder) Step by Step Solution
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