Required information [The following information applies to the questions displayed below.] Sanyu Sony started a new business and completed these transactions during December. Dec. 2 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. The company rented office space and paid $1,200 cash for the December rent. 3 The company purchased $13, 700 of electrical equipment by paying $5,500 cash and agreeing to pay the $8,200 balance in 30 days. 5 The company purchased office supplies by paying $900 cash. 6 The company completed electrical work and immediately collected $1,700 cash for these services. 8 The company purchased $2,620 of office equipment on credit. 15 The company completed electrical work on credit in the amount of $4,400. The company purchased $310 of office supplies on credit. 20 The company paid $2,620 cash for the office equipment purchased on December 8. 24 The company billed a client $1,000 for electrical work completed; the balance is due in 30 days. 28 The company received $4,400 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 $550 cash for this month' s utility bill. 31 The company paid $910 cash in dividends to the owner (sole shareholder). 18 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 Accounts Receivable Date Liabilities Accounts Payable Cash + Equity Dividends Revenues Office Equipment + Electrical Equipment + Common Stock = + Expenses Dec. 1 + + + + = + + 2 + + + + + + Bal 0 + 10 0 + 0 + + 0 0 = 0 + 0 - 0 + 0 0 - 0 3 + + + + = + + Bal +10 + 10 + 10 + 10 01 = + 10 0 - + 0 0 - 0 0 5 + + + + = + + Bal 0 + 0 + + 10 + 10 0] = + 10 0 - 0 + 0 - 0 9 + + + + + - + Bal. 0 + 0 + + 0 + 10 = 10 + 10 0 - 0 + 0 - 0 8 + + + + = + + + 0 + Bal. 0 + + 10 + 10 + 0 = 0 0 + 0 - 0 + 0 - 0 15 + + + + = + + - Bal 0 + + 0 + 10 0 + = 10 = 0 + - 10 0 - 0 01 + 0 + 18 + + + + + Bal. + 10 + 10 + 10 0 + 0 = + 10 0 + 10 0 - 0 20 + + + + + + Bal. + 10 + 10 + 10 + 10 01 = + 10 0 - 0 0 0 + + 24 + + + + = + - Bal. + 0 0 + + 10 0 + 0 = 0 + 0 0 + 0 - 0 28 + + + + + + Bal. + 10 + 10 + 10 0 + 01 = + 10 0 - + 10 -10 0 29 + + + + = + - + Bal 0 + 0 + + 0 + 10 = 0 + 10 0 - + 0 -10 0 30 + + + + + + Bal. + 10 + 10 0 + + 10 01 = + 10 0 - + 0 0 - 0 31 + + + + + + - Bal. $ 0 + $ 0 + $ + lo $ 0 + $ 0 = $ 0 + $ 0 $ $ 0 + $ 0 - $ 0