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Required information Skip to question [ The following information applies to the questions displayed below. ] Sanyu Sony started a new business and completed these
Required information Skip to question The following information applies to the questions displayed below. Sanyu Sony started a new business and completed these transactions during December. December Sanyu Sony transferred $ cash from a personal savings account to a checking account in the name of Sony Electric in exchange for its common stock. December The company paid $ cash for the December rent. December The company purchased $ of electrical equipment by paying $ cash and agreeing to pay the $ balance in days. December The company purchased supplies by paying $ cash. December The company completed electrical work and immediately collected $ cash for these services. December The company purchased $ of office equipment on credit. December The company completed electrical work on credit in the amount of $ December The company purchased $ of supplies on credit. December The company paid $ cash for the office equipment purchased on December December The company billed a client $ for electrical work completed; the balance is due in days. December The company received $ cash for the work completed on December December The company paid the assistants salary of $ cash for this month. December The company paid $ cash for this months utility bill. December The company paid $ 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.
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