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table [ [ Required 2 A Required 2 B , Required 2 C , Required 3 ] ] Prepare the statement of retained earnings

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\table[[Required 2A Required 2B,Required 2C,Required 3]]
Prepare the statement of retained earnings for the current
\table[[SONY ELECTRIC,],[Statement of Retained Earnings,],[For Month Ended December 31,,],[Retained earnings, December 1,$,0],[Add: Net income,,70],[,,70],[,,970],[Less: Dividends,,900],[Retained earnings, December 31,$,(900)]] Required 2A
Required 2B
Required 2C
Required 3
Prepare the balance sheet as of the end of the month.
\table[[SONY ELECTRIC],[Balance Sheet],[December 31],[Assets,Liabilities],[Cash,$,64,090,Notes payable,$,8,200],[Accounts receivable,,900,Accounts payable,,500],[Supplies,,400,Total liabilities,,8,700],[Office equipment,,2,960,EqI,,],[Electrical equipment,,13,500,Common stock,,69,500],[,,Retained earnings,,(900)],[,,,,],[,,Total equity,,68,600],[Total assets,$,81,850,Total liabilities and equity,$,77,300]] Note: Cash outflows should be indicated with a minus sign.
\table[[SONY ELECTRIC],[Statement of Cash Flows],[For Month Ended December 31],[Cash flows from operating activities],[,,],[,,],[,,],[s.,],[],[L],[,,],[,$,0],[Cash flows from investing activities],[,,],[,,],[,,],[,,],[,,0],[Cash flows from financing activities],[,,],[,,],[,,],[,,],[,,0],[,$,0],[Cash balance, December 1,,0],[Cash balance, December 31,$,0]]Required information
[The following information applies to the questions displayed below.]
Sanyu Sony started a new business and completed these transactions during December.
December 1 Sanyu Sony transferred $69,500 cash from a personal savings account to a checking account in the
name of Sony Electric in exchange for its common stock.
December 2 The company paid $1,200 cash for the December rent.
December 3 The company purchased $13,500 of electrical equipment by paying $5,300 cash and agreeing to pay
the $8,200 balance in 30 days.
December 5 The company purchased supplies by paying $900 cash.
December 6 The company completed electrical work and immediately collected $1,000 cash for these services.
December 8 The company purchased $2,960 of office equipment on credit.
December 15 The company completed electrical work on credit in the amount of $6,600.
December 18 The company purchased $400 of supplies on credit.
December 20 The company paid $2,960 cash for the office equipment purchased on December 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 $6,600 cash for the work completed on December 15.
December 29 The company paid the assistant's salary of $1,900 cash for this month.
December 30 The company paid $500 cash for this month's utility bill.
December 31 The company paid $970 cash in dividends to the owner (sole shareholder).
2-a. Prepare the income statement for the current month.
2-b. Prepare the statement of retained earnings for the current month.
2-c. Prepare the balance sheet as of the end of the month.
Prepare the statement of cash flows for the current month.
Complete this question by entering your answers in the tabs below.
Required 2A
Required 2B
Required 3
Prepare the income statement for the current month.
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