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Required information Problem 1-9A Analyzing transactions and preparing financial statements LO C4, P1, P2 [The following information applies to the questions displayed below) Sanyu Sony started a new business and completed these transactions during December Dec. 1 Sanyu Sony transferred $65,000 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 $1,000 cash for the December rent. The company purchased $13,000 of electrical equipment by paying 54,800 cash and agreeing to pay the $8,200 5 The company purchased office supplies by paying $800 cash. 6 The company completed electrical work and inmediately collected $1,200 cash for these services. B The company purchased $2,530 of office equipment on credit. 15 The company completed electrical work on credit in the amount of $5,000. 18 The company purchased 5350 of office supplies on credit. 20 The company paid $2,530 cash for the office equipment purchased on December 8. 24 The company billed a client $900 for electrical work completed; the balance is due in 30 days. 28 The company received 55,000 cash for the work completed on December 15. 29 The company paid the assistant's salary of $1,400 cash for this month. 30 The company paid $540 cash for this month's utility bill 31 The company paid $950 cash in dividends to the owner (sole shareholder). Problem 1-9 A Part 1 Answer is not complete Aseth Cash Re Reble Otitie A Soos Se 65 000 Dec + . 1 2 + . - . 65.000 (10) 6400 1310 El . 0 . . . D . 000 3 - 1001 1300 0 . 000 + 1 TO NICOS 0001 62000 300 - IND WE 0 308 00 6.000 - 50 12000 - - 1200 al DS + U to 13.00 8205 . 66.00 . . - 28 350 25311 10730 IR 9900 000 . 600 11001 6.000 GAB son 200 9.00 - 25 11 DS 18 100 380 110 730 350 11010 5100 2330 . 3000 09 + 200 35500 2.5 20 - + . 2.610 - 200 000 000 VE + 101 10 - - + + 07000 21 STATU SOLO . . 3 0 2. - 1000 . 00 . 1110 00 BE DO ET an 11 + - SH 2:54 13 . 2530 100 - 000 - 13 lu 3 5500 3 +