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Please help me solve this question ASAP! thank you very much and have a good rest of your day! Sanyu Sony started a new business
Please help me solve this question ASAP! thank you very much and have a good rest of your day!
Sanyu Sony started a new business and completed these transactions during December. December 1 Sanyu 5 ony transferred $64, be0 cash from a personal savings account to a checking account in the nane of Sony Electric in exchange for its common stock. December 2 The company paid $1, 7ee cash for the December rent. Decenber 3 The company purchased $13,800 of electrical equipent by paying $5,600 cash and agreeing to pay the $3,200 balance in 30 days. Deceaber.5 The coipany purchased supplies by paying $800 cash. December 6 The company conpleted electrical work and inewediately collected $1, 700 cash for these services. Decenber 8. The company purchased 52,660 of office equipsent on credit. Decesber 15 The cospany conpleted electrical work on credit In the anount of $5,100. December 10 . the coepuny perthateis Deceiber 10 The company purchased 1450 of supplies on credit. December 24 The company pald 12,660 cash for the office equlpment purchased on becenber n. Decenber 211 the cowpany beceloed ilent 5900 for electrical work conpletedi the balance is due in 30 days. Decesber. 20 thie coepany paid the assistant? for the mork coepleted on Deceiler is, Decenber 30 the coeppany pald 1550 cash for this month's utility bil1. bencenter 31 . The coepary becentier 31 The compary fald 1930rash in divldends to the owerer (sole shareholder). Required: 1. Enter the amount of each tansaction on indivdual items of the accounting equation (Enter reductions to account balances with a minus sign.) Sanyu Sony started a new business and completed these transactions during December. December 1 Sanyu 5 ony transferred $64, be0 cash from a personal savings account to a checking account in the nane of Sony Electric in exchange for its common stock. December 2 The company paid $1, 7ee cash for the December rent. Decenber 3 The company purchased $13,800 of electrical equipent by paying $5,600 cash and agreeing to pay the $3,200 balance in 30 days. Deceaber.5 The coipany purchased supplies by paying $800 cash. December 6 The company conpleted electrical work and inewediately collected $1, 700 cash for these services. Decenber 8. The company purchased 52,660 of office equipsent on credit. Decesber 15 The cospany conpleted electrical work on credit In the anount of $5,100. December 10 . the coepuny perthateis Deceiber 10 The company purchased 1450 of supplies on credit. December 24 The company pald 12,660 cash for the office equlpment purchased on becenber n. Decenber 211 the cowpany beceloed ilent 5900 for electrical work conpletedi the balance is due in 30 days. Decesber. 20 thie coepany paid the assistant? for the mork coepleted on Deceiler is, Decenber 30 the coeppany pald 1550 cash for this month's utility bil1. bencenter 31 . The coepary becentier 31 The compary fald 1930rash in divldends to the owerer (sole shareholder). Required: 1. Enter the amount of each tansaction on indivdual items of the accounting equation (Enter reductions to account balances with a minus sign.) Step by Step Solution
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