Required information Complete this question by entering your answers in the tabs below.

Required $2$A

Required $2$B

Required $2$C

Required $3$

Prepare the income statement for the current month. $2-$a$.$ Prepare the income statement for the current month.

$2-$b$.$ Prepare the statement of retained earnings for the current month.

$2-$c$.$ Prepare the balance sheet as of the end of the month.

$3.$ Prepare the statement of cash flows for the current month.

Complete this question by entering your answers in the tabs below.

$$

Prepare the statement of retained earnings for the current month.

$\backslash$table$[[$SONY ELECTRIC$],[$Statement of Retained Earnings$],[$For Month Ended December $31,],[$Retained earnings, December $1,$$$],[,0],[,],[,],[$Retained earnings, December $31,$$$]]$Complete this question by entering your answers in the tabs below.

Required $2$A

Required $2$B

Required $2$C

Required $3$

Prepare the balance sheet as of the end of the month.

$[$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 $$66,000$ 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 $$1,700$ 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 $$1,000$ cash.

December $6$ The company completed electrical work and immediately collected $$1,300$ cash for these services.

December $8$ The company purchased $$2,990$ of office equipment on credit.

December $15$ The company completed electrical work on credit in the amount of $$6,700.$

December $18$ The company purchased $$420$ of supplies on credit.

December $20$ The company paid $$2,990$ cash for the office equipment purchased on December $8.$

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 $$6,700$ cash for the work completed on December $15.$

December $29$ The company paid the assistant's salary of $$1,700$ cash for this month.

December $30$ The company paid $$580$ cash for this month's utility bill.

December $31$ The company paid $$990$ cash in dividends to the owner $($sole shareholder$).$

Required:

Enter the amount of each transaction on individual items of the accounting equation.

Note: Enter reductions to account balances with a minus sign.