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 $65,000 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 $13,000 of electrical equipment by paying $4,800 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 $1,200 cash for these services. 8 The company purchased $2,530 of office equipment on credit. 15 The company completed electrical work on credit in the amount of $5,000. 18 The company purchased $350 of office supplies on credit. 20 The company paid $2,530 cash for the office equipment purchased on December 8. 24 The company billed a client $908 for electrical work completed; the balance is due in 30 days. 28 The company received $5,000 cash for the work completed on December 15. 29 The company paid the assistant's salary of $1,400 cash for this month. 30 The company paid $548 cash for this month's utility bill. 31 The company paid $950 cash in dividends to the owner (sole shareholder). Required: 1. Enter the amount of each transaction on individual items of the accounting equation. (Enter reductions to account balances with a minus sign Equity Accounts C mo Bup O Electrical Accounts Payable Common Dividende Revenues Dec + 1 2 - . B + TO 0+ 0 0 -0 O 0 O -10 . O O 0 O 5 0. 0 HO . 0 - 2 O 0 0 +0 O +10 O . +10 O O + . 0 01 0 10 HO +0 D- 0 . + 0 0 0 0 0 . O 0- 10 16 - 0 . . + 0 0 O. -0 0- TO 0 0 ta 0 O + + . . -O 0 O. -10 10 20 0 . . 0 0. 0 O 0 . 24 - 9 O O 0- D. -10 - D . D. 30 - 0 0 - O 0 - TREPRE 0 ol 0 - + + 0 0 0 10 0 . + O D- . 10 0 . . . - - D- 1 1 D 3 10 5 $ D 5 0 5 1 0