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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 $69,000 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 $1,000 cash for the December rent. 3 The company purchased $13,600 of electrical equipment by paying $5,400 cash and agreeing to pay the 58,200 balance in 30 days. 5 The company purchased office supplies by paying $800 cash. 6 The company completed electrical work and immediately collected $1,900 cash for these services. # The company purchased $2,670 of office equipment on credit. 15 The company completed electrical work on credit in the amount of $6,300. 18 The company purchased $350 of office supplies on credit. 20 The company paid $2,670 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 $6,300 cash for the work completed on December 15. 29 The company paid the assistant's salary of $1,600 cash for this month. 30 The company paid $560 cash for this month's utility bill. 31 The company paid $910 cash in dividends to the owner (sole shareholder). Required tomation Dec 1 2 + . 4 +10 +10 0 1 ol =0 0. 0 0 + 0 31 . . + 0 + 0 + 0+ 0 + 0 . 10 0 0 5 . + . + . Bal +0 + 10 0 0 + + 0 O 0 0+ 0 9 + + + 0 0 0+ O 0 0. 0 0 0 + 8 . + + . Bal 0 + 0 + 07 0+ 0 + 10 0 + 0 0 15 . : Bal 0 . 0. 0 + 0 ol 0. 0 +10 18 Required information + 0 0+ 0 + 0 0 + 0 +0 ++ + + + + + 0 + 0 + 10 0 . 0 + 0 0 +10 Bal 18 Bal 20 Bal 241 Bal + + . + + + 0 + + 0 0 + 0 + 0 = +0 0 0 0 + + + + + +10 0 + 0 + 0. 10 0 + 0 + 0 0 + . + 28 Bal + 0+ +0 #10 0 + 0 = 0 + 0 + 10 0 29 + . + + Bal 0 + .0 0 *10 0 + + 0 + +0 0 30 + + + Bal 01 + 0 0 + 0 + 10 +0 0 +10 0 31 + . + + + Bal 5 0 + 5 0 + 5 0 + $ 0+ $ 0 = $ +10 $ 0 $ +0 0 8

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