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Required information [The following information applies to the questions displayed below.] Sanyu Sony started a new business and completed these transactions during December. December 1

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Required information [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 $69,300 cash from a personal savings account to a checking account in the name of Sony Electric. December 2 The company paid $1,200 cash for the December rent. December 3 The company purchased $14,400 of electrical equipment by paying $6,200 cash and agreeing to pay December 5 the $8,200 balance in 30 days. December 6 The company purchased supplies by paying $900 cash. December 8 The company purchased $2,890 of office equipment on credit. December 15 The company completed electrical work on credit in the amount of $4,700. December 18 The company purchased $390 of supplies on credit. December 20 The company paid $2,890 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 $4,700 cash for the work completed on December 15 . December 29 The company paid the assistant's salary of $1,500 cash for this month. December 30 The company paid $550 cash for this month's utility bill. December 31 Sanyu Sony withdrew $950 cash from the company for personal use. 2-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. Complete this question by entering your answers in the tabs below. Prepare the income statement for the current month. Complete this question by entering your answers in the tabs below. Prepare the statement ity for the current month. Complete this question by entering your answers in the tabs below. Prepare the balance sheet as of the ef._Required 2C Prepare the statement of cash flows for the curre Required 3 Note: Cash outflows should be indicated with a minus sign

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