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 $68,500 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 $1,200 cash for the December rent. 3 The company purchased $13, 2ee of electrical equipment by paying $5,000 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 $1,300 cash for these services. 8 The company purchased $2,960 of office equipment on credit. 15 The company completed electrical work on credit in the amount of $7,000. 18 The company pur sed $370 of office les credit. 20 The company paid $2,968 cash for the office equipment purchased on December 8. 24 The company billed a client $900 for electrical work completed; the balance is due in 30 days. 28 The company received $7,000 cash for the work completed on December 15. 29 The company paid the assistant's salary of $1,500 cash for this month. 30 The company paid $560 cash for this month's utility bill. 31 The company paid $920 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.) Prey 1 of 1 Next Required information Date Cash Accounts Receivable Assets Office Supplies Office Equipment Electrical Equipment Liabilities Accounts Payable Common Stock Equity Dividends Revenues Dec 1 + 2 Bal + = 31 + Bal + 5 Bal + 61 + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + Bal !!!! + + + + + + + + + + + + + +++ + + + + + + + + + + + + 8 Bal + + 15 Bal 18 Bal 20 Prey 1 of 1 HII Next