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Sanyu Sony started a new business and completed these transactions during December. Dec. 1 Sanyu Sony transferred $68,600 cash from a personal savings account to

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

Dec. 1 Sanyu Sony transferred $68,600 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 $1,700 cash for the December rent.
3 The company purchased $13,100 of electrical equipment by paying $4,900 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 $1,700 cash for these services.
8 The company purchased $2,820 of office equipment on credit.
15 The company completed electrical work on credit in the amount of $5,400.
18 The company purchased $410 of office supplies on credit.
20 The company paid $2,820 cash for the office equipment purchased on December 8.
24 The company billed a client $1,000 for electrical work completed; the balance is due in 30 days.
28 The company received $5,400 cash for the work completed on December 15.
29 The company paid the assistants salary of $1,300 cash for this month.
30 The company paid $580 cash for this months utility bill.
31 The company paid $990 cash in dividends to the owner (sole shareholder). Prepare a statement of cash flows for the current month.
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t View History Bookmarks Window Help Homework Saved ?? 0 Required information Statement of Cash Flows For Month Ended December 31 Cash flows from operating activities st2 Cash flows from investing activities Cash flows from financing activities

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