Problem 1-9A (Static) Analyzing transactions and preparing financial statements LO P1, P2 [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 $65,000 cash fron 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 $1,800 cash for the December rent. December 3 The company purchased $13,000 of electrical equipment by paying $4,800 cash and agreeing to pay the $8,200 balance in 30 days. December 5 The company purchased supplies by paying $800 cash. December 6 The company completed electrical work and imaediately cottectey $1,200 cash for these services. December 8 The company purchased $2,530 of office equipnent on credit. December 15 The conpany completed electrical work on credit in the amount of 35,000. December 18 The company purchased $350 of suppties on credit. December 20 The company paid $2,530 cash for the office equipment purchased on December 8. December 24 The company billed a client $980 for electrical work completed; the batance is due in 30 days. December 28 The company received $5,00e cash for the work completed on December 15. December 29 The company paid the assistant's salary of $1,408 cash for this month. December 30 The company paid $540 cash for this month's utility bill. December 31 The company paid 5950 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.) ing equation. (Enter reductions to account balances with a