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 $67,800 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 $1,400 cash for the December rent. 3 The company purchased $14,100 of electrical equipment by paying $5,900 cash and agreeing to pay the $8,200 balance in 30 days. 5 The company purchased office supplies by paying $ 700 cash. 6 The company completed electrical work and immediately collected $1,800 cash for these services. 8 The company purchased $2,790 of office equipment on credit. 15 The company completed electrical work on credit in the amount of $4,500. 18 The company purchased $320 of office supplies on credit. 20 The company paid $2,790 cash for the office equipment purchased on December 8. 24 The company billed a client $800 for electrical work completed; the balance is due in 30 days. 28 The company received $4,500 cash for the work completed on December 15. 29 The company paid the assistant's salary of $1,400 cash for this month. company paid $530 cash for this month's utility bill. 31 The company paid $970 cash in dividends to the owner (sole shareholder). Required: 1. Enter the amount of each transaction on individual items of the accounting equation. (Enter reductions to accounting balances with a minus sign.) Assets Office Supplies Office Equipment Cash Accounts Receivable 67,800| + | Liabilities Accounts Payable Electrical Equipment Date Dec. 1 - Equity Common - Dividends + Revenues Stock | + | $ 67,800|-| Expenses $