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Problem 1-9A Analyzing transactions and preparing financial statements LO C4, P1, P2 The following information applies to the questions displayed below) Sanyu Sony started a

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Problem 1-9A Analyzing transactions and preparing financial statements LO C4, P1, P2 The following information applies to the questions displayed below) Sanyu Sony started a new business and completed these transactions during December Dec. 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 atock 2 The company rented office 3 The conpany purchased $13,000 o space and paid $1,000 cash for the December rent. t electrical equipment by paying $4,800 cash and agreeing to pay the 5 The company purchased office supplies by paying $800 cash. 6 The company completed electricai work and immediately collected $1,200 cash for the 8 The company purchased $2,530 of office equipment on credit. 15 The company completed electrical work on credit in the amount of $5,000. 18 The company purchased $350 of office supplies on credit. 20 The company paid $2,530 cash for the office equipment purchased on December 8. 24 The company billed a client 5900 for electrical work completed the balance is due in 30 days se services . The company received $5,000 cash for the work completed on December 15. 29 The company paid the assistant's salary of $1,400 cash for this month 30 The company paid $540 cash for this nonth's utility bil1 31 The company paid $950 cash in dividends to the owner (sole shareholder). Problem 1-9A Part 1 Required: 1. Enter the amount of each transaction on individual items of the accounting equation. (Enter reductions to account balances with a minus sign.)

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