! 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 $67,400 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 $1,500 cash for the December rent. 3 The company purchased $14,400 of electrical equipment by paying $6,200 cash and agreeing to pay the $8,200 balance in 30 days. 5 The company purchased office supplies by paying $900 cash. 6 The company completed electrical work and immediately collected $1,500 cash for these services. 8 The company purchased $2,960 of office equipment on credit. 15 The company completed electrical work on credit in the amount of $6,900. 18 The company purchased $430 of office supplies on credit. 20 The company paid $2,960 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. The company received $6,900 completed on December 15. 29 The company paid the assistant's salary of $1,900 cash for this month. 30 The company paid $560 cash for this month's utility bill. 31 The company paid $920 cash in dividends to the owner (sole shareholder). Roamirod. Required: 1. Enter the amount of each transaction on individual items of the accounting equation. (Enter reductions to account balances with a minus sign.) Assets Office Supplies Date Accounts Receivable Cash Liabilities Accounts Payable Office Equipment Electrical Equipment Common Stock $ 67,400 Equity Dividends + Revenues + Expenses + + + + + + - + + + + Dec. 1 21 Bal. 3 1,500 1,500 0 + 0 + 0] = 67,400 - 0 + 0 0 - 0 + + + + + 14,400 = 0 + 8,200 + 8,200 + + Bal. 0 + ol + + 14,400] = 67,400 - 0 + 0 - 1,500 (1,500) + (1,500) + (6,200) + (7,700) + (900) + (8,600) + 1,500 + (7,100) + 5 + 01 + + 900+ 900 + + + + + Bal. 01 + 0 + 14,400 = 8,200 + 67,400 - ol + 1,500 6 + + + + 0 - 1,500 - 1,500 - Bal. ol + 900 + 14,400/= 67,400 - ol + 1,500 8 8 + + 0 + 2,960 + 2.960 + 8,200 + 2,960 + 11,160 + + Bal. (7.100) + 900 + 14,400 = 67,400 0 + 1,500 + 0 + 6,900 + 6,900 + 15 + + + + + + 1,500 - 6,900 - 8,400 - Bal (7,100) + 900 + 2,960 + 14,400 = 67,400 - 0 + 1,500 18 + + + 11,160 + 430 + 11,590 + + Bal. 430 + 1,330 + + 6,900 + 2,960 + 14,400 = 67,400 - 0 + 8,400 - 1,500 20 + + (7,100) + (2,960) + (10,060) + + Bal. 2,960 + 14,400 = 11,590 + 67.400 - 0 + 6.900 + 900 + 1,500 24 1,330 + + 1,330 + + + + 8,400 - 900 - 9,300 - Bal. 7,800 + 2,960 + 14,400] = 11,590 + 67,400 - 0 + 1,500 28 + + + + + + Bal. 7,800 + 2,960 + 14,400 = 11,590 + 67,400 - 9,300 - 1,330 + + 0 + + 1,500 1.900 29 + + Bal. (10,060) + 6,900 + (3,160) + (1,900) + (5,060) + (560) + (5,620) + (920) + $ (6,540) + 1,330 + 2,960 + 14,400 = 11,590 + 67,400 - 9,300 - 7,800 + + 0 + + 3,400 560 30 + + Bal. 1,330 + 2,960 + 14,400] = 11,590 + 67,400 0 + 9,300 - 3,960 31 7.800 + + 7,800 + + + + 920 + 920 + Bal. $ $ 1,330 + S 2,960 + $ 14,400 = S 11,590 + S 67,400 - $ $ 9,300 - $ 3,960