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 1 Sanyu Sony transferred $66,000 cash from a personal savings account to a checking account in the name of Sony Electric December 2 The company paid $1,500 cash for the December rent December 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 December 5 The company purchased supplies by paying $900 cash December 6 The company completed electrical work and immediately collected $1,600 cash for these services December 8 The company purchased $2,950 of office equipment on credit December 15 The company completed electrical work on credit in the amount of $5,900 December 18 The company purchased $500 of supplies on credit December 20 The company paid $2,950 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 $5,900 cash for the work completed on December 15 December 29 The company paid the assistants salary of $1,700 cash for this month December 30 The company paid $560 cash for this months utility bill December 31th Sanyu Sony withdrew $910 cash from the company for personal use a Prepare the income statement for the current month 2 b Prepare the statement of owner's equity 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

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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 transactions during

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[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.
December 2	The company paid $1,500 cash for the December rent.
December 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.
December 5	The company purchased supplies by paying $900 cash.
December 6	The company completed electrical work and immediately collected $1,600 cash for these services.
December 8	The company purchased $2,950 of office equipment on credit.
December 15	The company completed electrical work on credit in the amount of $5,900.
December 18	The company purchased $500 of supplies on credit.
December 20	The company paid $2,950 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 $5,900 cash for the work completed on December 15.
December 29	The company paid the assistants salary of $1,700 cash for this month.
December 30	The company paid $560 cash for this months utility bill.
	December 31th Sanyu Sony withdrew $910 cash from the company for personal use. -a. Prepare the income statement for the current month. 2-b. Prepare the statement of owner's equity 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.