Sanyu Sony started a new business and completed these transactions during December.

Dec.		1		Sanyu Sony transferred $65,900 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 $1,300 cash for the December rent.
		3		The company purchased $14,200 of electrical equipment by paying $6,000 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 $1,100 cash for these services.
		8		The company purchased $2,770 of office equipment on credit.
		15		The company completed electrical work on credit in the amount of $5,600.
		18		The company purchased $440 of office supplies on credit.
		20		The company paid $2,770 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 $5,600 cash for the work completed on December 15.
		29		The company paid the assistants salary of $1,500 cash for this month.
		30		The company paid $570 cash for this months utility bill.
		31		The company paid $970 cash in dividends to the owner (sole shareholder).

Assets Office Supplies Cash Date Equity Dividends Revenues Accounts Receivable Liabilities Accounts Payable Office Equipment + Electrical Equipment + Common Stock + Expenses Dec. 1 + + + + + + + 2 + + + + + = + + Bal. 0 + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 0 0 3 + + + + = + + Bal. + 10 + 0 0 + 0 + = 0 = + 10 0 0 + -10 0 51 + + + + + + + + Bal. + 10 0 + 0 + 0 + = 0 + 10 0 - 0 + 0 0 6 + + + + + + + + + + Bal. 01 + + 0 + 10 + 10 0 + 10 0 0 0 0 + + + 8 + + + + = + Bal. 0 + 0 + + 10 0 + 0 = 0 + 0 0 - 0 + 0 0 15 + + + + = + + Bal. + 10 0 0 + 0 + 0 + 0 = 0 + - 0 0 + 0 - 0 18 + + + + = + + Bal. + 10 0 + + 10 + 10 0 = 01 + 0 - 0 + 0 - 0 20 + + + + + + Bal. + 10 0 + + 10 0 + = 0 = 0 + 0 01 + + 0 0 24 + + + + + + Bal. 0 + 0 + + 10 0 + 0 0 = + 10 0 - 0 + 0 0 28 + + + + = + + Bal 01 + 0 + + 10 + 10 01 = 0 + 0 + 10 0 0 0 29 + + + + = + + Bal. + 10 0 + 0 + 0 + = 0 + 10 0 0 + 0 0 30 + + + + = + + Bal. + 10 0 + 0 + 10 0 + = 0 = 0 + 0 01 + 10 0 31 + + + = + + Bal. $ 0 + $ $ 0 + + $ $ + 0 $ + 0 $ 0 = $ 0 + $ 0 $ 0 + + $ $ 0 $ 0