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Sanyu Sony started a new business and completed these transactions during December, Dec. 1 Sanyu Sony transferred $69,900 cash from a personal savings account to

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Sanyu Sony started a new business and completed these transactions during December, Dec. 1 Sanyu Sony transferred $69,900 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 paid $1,500 cash for the December rent. 3 The company purchased $14,688 of electrical equipment by paying $6,400 cash and agreeing to pay the $8,200 balance in 30 days. 5 The company purchased supplies by paying $1,000 cash. 6 The company completed electrical work and immediately collected $1,500 cash for these services. 8 The company purchased $2,810 of office equipment on credit. 15 The company completed electrical work on credit in the amount of $4,680. 18 The company purchased $330 of supplies on credit. 20 The company paid $2,810 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 $4,600 cash for the work completed on December 15. 29 The company paid the assistant's salary of $1,800 cash for this month. 30 The company paid $560 cash for this month's utility bill. 31 The company paid $970 cash in dividends to the owner (sole shareholder). quired: Enter the amount of each transaction on individual items of the accounting equation. (Enter reductions to account balances with a inus sign.)

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