Required! 1. Enter the amount of each transaction on individual items of the accounting equation (Enter reductions to accounting balances with a minus sign.) Assets Office Office Electrical Supplies - Equipment Equipment Liabilities Accounts Payable Common Stock Equity Dividends + Revenues Expenses + + + +10 +10 +0 +10 =10 +10 10 -10 0 + + + +10 +10 +10 0 + =10 +10 0 +0 0-1 0 +10 +10 +10 +10 = 0 = +10 0 0 0 Date Cash + Accounts Receivable Dec. 11 + 2 + Bal. 31 + Bal. 5 + Bal. 6 + Bal. 8 + Bal. 15 + Bal. 0 + 18 + Bal. 20 + + = + +10 +10 +10 =10 +10 0 0 0 + 01 + + 0 + = + + +10 +10 0 =0 +10 0 +0 0 0 + + + + +10 +10 +10 -1 0- +10 0 0 = = 01+ 0 +10 ++++++++++++++ + + + + + + + + + + + + + 0 +10 0 0 + +10 + +0 + 0 + 01 + + 01 + =0 = + + + - Bal. +10 +10 +10 0 -10 0 0=1 = 24 + + Bal. 0+ +10 0+ +10 =U 0+ -10 0 28 + + + = + Bal. +10 +10 +10 +10 =10 +10 0 0 29 + + = + Bal. +10 +10 +10 =10 +10 oooo IIIINOINT -10 0 30 + +10 + +10 + + = 0= Bal. +10 +10 +10 +10 01-1 0 31 + + Bal. $ 0 + $ + S $ = 0 = $ $+0 S 0 S 0+ $ 0 S 0 Required information (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 $68,400 cash from a personal savings account to a checking account in the name of Sony Electric in exchange for its common stock. 2 The company rented office space and paid $1,700 cash for the December rent. 3 The company purchased $13,400 of electrical equipment by paying $5,200 cash and agreeing to pay the $8,200 balance in 30 days. 5 The company purchased office supplies by paying $800 cash. 6 The company completed electrical work and immediately collected $1,200 cash for these services. 8 The company purchased $3,000 of office equipment on credit. 15 The company completed electrical work on credit in the amount of $5,800. 18 The company purchased $360 of office supplies on credit. 20 The company paid $3,000 cash for the office equipment purchased on December 8. 24 The company billed a client $900 for electrical work completed; the balance is due in 30 days. 28 The company received $5,800 cash for the work completed on December 15. 29 The company paid the assistant's salary of $1,600 cash for this month. 30 The company paid $510 cash for this month's utility bill. 31 The company paid $910 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 accounting balances with a minus sign.)