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Sanyu Sony started a new business and completed these transactions during December. sony Electric in exchange for its common stock. December z The company paid

image text in transcribed Sanyu Sony started a new business and completed these transactions during December. sony Electric in exchange for its common stock. December z The company paid $1,508 cash for the pecember rent. balance in 3 days. December 5 The company purchased supplies by paying $1,000 cash. December 6 The company completed electrical work and immediately collected \$l, 360 cash for these services. December 8 The company purchased $2,778 of office equipment on credit. December 15 The company completed electrical work on credit in the amount of \$5, 200 . December 18 The company purchased $476 of supplies on credit, December 26 The company paid $2,776 cash for the office equipment purchased on becember 8. December 24 The company billed a client 5909 for electrical work completed; the balance is due in 30 days. December 29 The company 25 . December 36 The company paid $560 cash for this month's utility bill. December 31 The company paid $910 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.)

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