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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 Dec 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 Dec 1 Sanyu Sony transferred $67,100 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 $1,900 cash for the December ront. 3. The company purchased $14,900 of electrical equipment by 'baying $6,700 cash and agreeing to pay the $8,200 balance in 30 days 5 The company purchased office supplies by paying $800 cash 6 The company completed electrical work and immediately cdilected $1,800 cash for these services. The company purchased $2.000 of office equipment on credit. 15 The company completed electrical work on credit in the amount of 50,000 18. The company purchased $490 of office supplies on credit. 20 The company paid $2,800 cash for the office equipment purchased on December 8, 24 The company billed client $900 for electrical work completed the balance is due in 30 days. 20 The company received $6,000 cash for the work completed on December 15. 29. The company paid the assistant's salary of $1.800 cash for this month. 30 The company paid 5530 cash for this month's utility bill 31 The company paid $970 cash in dividends to the owner (sole shareholder) 2.1. Prepare an income statement for the current month

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