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 $68,900 cash from a personal savings account to a checking account in the nase of. Sony Electric in exchange for its comon stock. December 2 The company paid $1,7ee cash for the December rent. Decesber 3 The company purchased $14,70e of electrical equipment by paying $6,560 cash and agreeing to pay the 58,200 balance in 30 days. December 5 The company purchased supplies by paying $900 cash. Deceober 6 The conpany completed electrical work and immediately collected $1,200 cash for these services. December: 8 The company purchased $2,930 of office equipnent on credit. December 15 The company completed electrical work on credit in the anount of $5,200. Decenber 18 The coepany purchased 5400 of supplies on credit. Deceeber 20 The company paid $2,930 cash for the office equipeent purchased on December 8. December 24 The company billed a client $1,000 for electrical work completed; the balance is due in 38 days. Decenber 28 The company received $5,200 cash for the work coepleted on Decenber 15. December 29 The company paid the assistant's salary of $1,800 cash for this eonth. Decenber 30 The company paid $520 cosh for this month's utility bil1. Decenber 31 The company paid $958 cash in dividends to the ouner (sole shareholder)