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 $64. 400 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. 600 cash for the December rent. 3 The company purchased $13, 300 of electrical equipment by paying $5, 100 cash and agreeing to pay the $8,200 balance in 30 days. 5 The company purchased office supplies by paying $800 cash. 6 The company completed electrical work and immediately collected $1,100 cash for these services. 8. The company purchased $2.500 of office equipment on credit. 15 The company completed electrical work on credit in the amount of $4,800. 18 The company purchased $360 of office supplies on credit. 20 The company paid $2,500 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, 800 cash for the work completed on December 15. 29 The company paid the assistant's salary of $2,000 cash for this month. 30 The company paid $600 cash for this month' s utility bill. 31 The company paid $930 cash in dividends to the owner (sole shareholder). S Required: 1. Enter the amount of each transaction on individual items of the accounting equation. (Enter reductions to accounting balances with a minus sign.) 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 Date Accounts Receivable Liabilities Accounts Payable Cash Office Equipment + Equity Dividends + Revenues Electrical Equipment + Common Stock Expenses Dec. 11 1 + + 2 + + + Bal. + + + + - + + 3 + + + + + Bal + + + + = + + - 5 + + + + Bal. + + + + + + 6 + + + + = + + Bal. + + + + 81 + + + + Bal. + + + + + 15 + + + + + - Bal. + + + 181 + + + + + - Bal + = + + 20 + + + Bal. + + + = + + 24 + + + Bal + + 28 + + + + Bal + + + + 29 + + Bal + + + = + - 301 + + + + Bal. + + + 31 + Bal. +