inces Requi [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 $65,100 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 $1,900 cash for the December rent. December 3 The company purchased $13,800 of electrical equipment by paying $5,600 cash and agreeing to pay the $8,200 balance in 30 days. December 5 The company purchased supplies by paying $700 cash. December 6 The company completed electrical work and immediately collected $1,900 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 $6,300. December 18 The company purchased $300 of supplies on credit. December 20 The company paid $2,860 cash for the office equipment purchased on December 8.1 December 24 The company billed a client $1,000 for electrical work completed; the balance is due in 30 days.. December 28 The company received $6,300 cash for the work completed on December 15. December 29 The company paid the assistant's salary of $1,800 cash for this month. December 30 The company paid $540 cash for this month's utility bill. December 31 The company paid $970 cash in dividends to the owner (sole shareholder). Required: 1. Enter the amount of each transaction on individual items of the accounting equation. (Enter reductions to account balances with a minus sign.) Date Cash Accounts Receivable December 1 Assets Liabilities Office Electrical Supplies Accounts Common Equipment Equipment Payable Dividends Stock December 2 . . Balance after December 1 and December 2 0+ + 0+ + 0 + 0+ 0- 0+ 01- December 3 + + Balance after December 3 0+ 0+ 0+ 01. 0 0+ 0 December 51 + + . Balance after December 5 0. 0+ 0+ 0 . 0- 10+ 0 December 61 . . + . Balance after December 6 0+ 0+ 0+ 0 . 0- 01+ 0- December 8 . + " Balance after December 8 0 0 . 0+ 0. 0- 0+ inces December 15 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 20 Balance after December 29 0+ . . . 0 0. 10+ 0- 0+ 0- . + . 0. 0. 0+ 0+ 0- 0. . . 01+ 0. 0+ 0+ . 0 . + 0. 0+ 0. 0+ 0- 0. 01 . . . 0+ 0 . 01- . . . 0+ 0+ 0+ 0+ December 5 Balance after December 5 December 6 Balance after December 6 December 8 Balance after December 8 December 15 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 0+ + 0+ + 0+ + 0+ 0+ + 0+ 0M 0+ 0 + 0 + 0+ 0= 0+ 0 + + + = 0+ 0+ 0 0+ 0- . + + + . 0 . 0 . 0 + 0= 0 + 0 . . 0+ 0+ . 0+ . 0+ . 0+ 0+ 0+ 0+ 0+ + 0+ . 0+ 0. + 0. 0 + 0 => 0+ 0- . + 0+ 0 0+ 0 . 0+ 0+ 0- . 0 0. 0+ . 0+ of 0- December 29 . . 20 Balance after December 29 0+ 0 . 0+ 0= 0 0- December 30 + + Balance after December 30 0. 0+ 0 0+ 0= 0 . 0 + December 31 + . . Balance after December 31 $ 0+ $ 0+ $ 0 S 0+ $ 0- $ 0. S 0- $