Sanyu Sony started a new business and completed these transactions during December. December 1 Sanyu Sony transferred $67,900 cash from a personal savings Iiccount to a checking account in the name of Sony Electric in exchange for its comon stock. December 2 The company paid $1,400 cash for the December rent. Deceaber 3 The company purchased $14,800 of electrical equipment by paying $6,600 cash and agreeing to pay the $8,200 balance in 30 days. December 5 The company purchased supplies by paying $800 cash. December 6 The company completed electrical work and imediately collected $1,800 cash for these services. December 8 The coepany purchased $2,780 of office equipment on credit. December 15 The company completed electical work on credit in the amount of $5,500. December 18 The company purchased $440 of supplies on credit. December 20 The company paid $2,780 cash for the office equipment purchased on Decenber 8. December 24 The company billed a client, $900 for electrical work completed; the balance is due in 30 days. December 28 The company received 55,500 cash for the work completed on December 15 . December 29 The company paid the assistant's salary of $1,500 cash for this month. December 30 The company paid $570 cash for this month's utility bill. December 31 The company paid $960 cash in dividends to the owner (sole shareholder)