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[The following information applies to the questions displayed below] Sanyu Sony started a new business and completed these transactions during December: Decenber 1 Sanyu Sony

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[The following information applies to the questions displayed below] Sanyu Sony started a new business and completed these transactions during December: Decenber 1 Sanyu Sony transfecred 565,0ee cash troe a personal savings account to a checking account in the nane of Sony electric. Decenber 2 The compary pald $1,009 sash tor the Decenter resit. December 3 The company purchased $13,000 of electeical tequipnent by paying $4,800 cash and agreeing to pay the $8,280 balanke in ze days. Decemer 5 The conpany punchsed supplies by poying $900 cash. Decenber 15 The canpany conpleted electilial wark on crindit lis the encunt of 35,6ed. Decenber 18 The conpany purctused s35e of supplies on critit. Decenber 20 The canpary paid $2,530 cast for the office equiphent purchased con Deceeber 8. Decenber 24 The compary bilied a clierit s9oe for electricsi work completed; the balance is due In 30 days. Decenber 28 The company recelved $5,000 cast for the nork cospleted on Decenber 15. December 29 The compary pald the asistat's salary of $1,400 cash for this month. Decenber 30 The cospary pald $540 cash for this wonth's utility bill. Deceber 31 safyu Sony witharew $950 cash from the coppoy for personal use. 2-a. Prepare the income statement for the current month. 2-b. Prepare the statement of owner's equity for the current month. 2.c. Prepare the balance sheet as of the end of the month. 3. Prepare the statement of cash flows for the current month. Q Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the statement of cash flows for the current month. Nore: Cash outflows should be indicated with a minus sign

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