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 $64,200 cash from a personal savings account to a checking account in the name of Sony Electric in exchange for its common stock. December 2 The company paid $1,900 cash for the December rent. December 3 The company purchased $14,600 of electrical equipment by paying $6,408 cash and agreeing to pay the $8,200 balance in 30 days. December 5 The company purchased supplies by paying $800 cash. December 6 The company completed electrical work and immediately collected $1,200 cash for these services. December 8 The company purchased $2,840 of office equipment on credit. December 15 The company completed electrical work on credit in the amount of $6,900. December 18 The company purchased $438 of supplies on credit. December 20 The company paid $2,840 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 $6,900 cash for the work completed on December 15. December 29 The company paid the assistant's salary of $1,900 cash for this month. December 30 The company paid $550 cash for this month's utility bill. December 31 The company paid $978 cash in dividends to the owner (sole shareholder). Required: 1. Enter the amount of each transaction on individual items of the accounting equation Note: Enter reductions to account balances with a minus sign. Date Assets Liabilit Equity Cash Accounts Receivable Supplies Office Equipment Electrical Equipment Accounts Payable Common Stock Dividends Revenue Expenses December 11 December 2 . . Balance after December 1 and December 2 0+ 0- 0+ 0- . 0 0- December 3 . . . Balance after December 3 0+ 0+ 0+ 0+ 0 0- 10+ 0- December 5 . Balance after December 5 0+ 0+ 0- 0+ 0- 0. 0- 0- December 6 + - Balance afer December 6 0+ 0+ 0- 0+ W o 01- 0+ 01- December 8 . + . . . . Balance after December 8 0+ 0+ 0- 0- 0- 0 0- December 15 . 1 INNO Balance after December 15 10+ + 0+ 0 01. 0- 0+ 0- . December 18 Balance after December 18 December 20 . 0+ D . - 0- 1. Enter the amount of each transaction on individual items of the accounting equation. Note: Enter reductions to account balances with a minus sign. Date Assets Liabilities Equity Cash Accounts Receivable Supplies Office Equipment Electrical Equipment Accounts Payable Common Stock Dividends Revenues Expenses December 1 December 2 Balance after December 1 and December 2 0- 0 0+ 0- 0- 0- pl December 3 4 . . . - Balance aber December 3 0. 0+ 0. 0. 0- December 5 Balance after December 5 10+ 0. 0- 0+ 0- . 0- December 6 . Balance after December 6. 0+ 0. 0. . 0+ 0- 0+ 0- December 8 . Balance after December 8 0+ 0 . 0 0- 0- December 15 . . Balance afer December 15 0- 0. 0= 0. 0- 0. 0- December 18 . + + - Balance after December 18 0- 0+ 0+ 0- 0+ 0- 0+ 0- December 20 . Balance after December 20 01+ 0. 0+ 10. - 0- 0- 4 December 24 . . Balance after December 24 01. 0+ 0+ 0. 0- 0. 0- 0 . 0- 0 December 28 . Balance after December 28 0+ 0- 0+ 0 . 0- 0+ 0- 0- December 29 . . Balance afer December 29 December 30 Balance after December 30 December 31 Balance after December 31 0- . 0 . 0+ + $ 0. 0+ 0. ol-1 + + al.. 0+ 0- 0. 01- . S $ + $ 0- 0- $ $