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 $67,100 cash from a personal savings account to a checking account in the name of Sony Electric. December 2 The company paid $1,500 cash for the December rent. December 3 The company purchased $13,900 of electrical equipment by paying $5,700 cash and agreeing to pay the $8,200 balance in 30 days. December 5 The company purchased supplies by paying $900 cash. December 6 The company completed electrical work and immediately collected $1,880 cash for these services. December 8 The company purchased $2,820 of office equipment on credit. December 15 The company completed electrical work on credit in the amount of $6,000. December 18 The company purchased $360 of supplies on credit. December 20 The company paid $2,820 cash for the office equipment purchased on December 8. December 24 The company billed a client $900 for electrical work completed; the balance is due in 30 days. December 28 The company received $6,000 cash for the work completed on December 15. December 29 The company paid the assistant's salary of $1,800 cash for this month. December 30 The company paid $520 cash for this month's utility bill. December 31 Sanyu Sony withdrew $980 cash from the company for personal use. Required: 1. Enter the amount of each transaction on individual items of the accounting equation. (Enter reductions to account balances with a minus sign.) December 1 December 2 Date Balance after December 1 and December 2 December 3 Balance after December 3 December 5 Balance after December 5 December 6 Balance after December 6 December 8 Assets Cash Accounts Receivable Supplies Office Equipment Electrical Equipment Liabilities Accounts Payable S. Sony, Capital S. Sony, Withdrawals Equity + Revenues Expenses = + = + 0 + 0 + 0 + 0 + 0 = 0 + 0 0 0 0 + + 0 + 0 0 0 0 = 0 + 0 0+ 0 0 + = + 0 + 0 + 0 + 0 0 = 0 + 0 0+ 0 0 + + 0 + 0 + + Balance after December 8 0 + 0 December 15 + Balance after December 15 0 0 December 18 + + Balance after December 18 0 + 0 December 20 + Balance after December 20 0+ December 24 Balance after December 24 December 28 Balance after December 28 December 29 + + 0+ + 0 + + 0 - 0 0 = 0 + 0 0+ 0 0 + = + 0 0 0 = 0 + 0 0+ 0 0 = + 0- 0 0 = 0 0 0 0 0 + + + 0 - 0 0 = 0 + 0 0+ 0 0 + = + + 0+ 0 + 0 = 0+ 0 0+ 0 0 + + + 0 + 0 + 0 + 0 0 = 0 + 0 0+ 0 0 + = + 0 + 0 + 0 + 0 = 0 + 0 0+ 0 0 + + + Balance after December 29 0 + 0 + 0+ 0 + 0 = 0+ 0 0 + 0 0 December 30 + + + + Balance after December 30 0 + 0 + 0 - 0 + 0 = 0 + 0 0+ 0 0 December 31 + + = + + Balance after December 31 $ 0 + $ 0+ $ 0 + $ 0- $ 0 = S 0 + $ 0 $ 0 + $ 0 $ 0