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The following information applies to the questions displayed below) Sanyu Sony started a new business and completed those transactions during December Dec 1 Sanyu Sony

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The following information applies to the questions displayed below) Sanyu Sony started a new business and completed those transactions during December Dec 1 Sanyu Sony transferred $69,100 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 $1300 cash for the December rent 3 The company purchased $14.200 of electrical equipment by paying $6,000 cash and agreeing to pay the $8,200 balance in 30 days. 5 The company purchased office supplies by paying $800 cash 6 The company completed electrical work and immediately collected $1,600 cosh for these services, 8 The company purchased $2,920 of office equipment on credit 15 The company completed electrical work on credit in the amount of $5,800 18 The company purchased $400 of office supplies on credit 20 The company paid $2,920 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 $5,800 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 $600 cash for this month's utility bill 31 The company pold $920 cash in dividends to the owner (sole shareholder Required 1. Enter the amount of each transaction on individual items of the accounting equation (Enter reductions to account balances with a minus sign.) Date Accounts Receivable Cash Assets Office Supplies Orice Equipment Liabilities Accounts Payable Equity Dividends Revenues + Electrical Equipment Common Stock Expenses - . . + + . + Deel 1 2 Bal 3 Bal 5 Bal 6 + . + + + . . . + 8 + Bal . + . 15 + + . + . + . + + + Bal 18 Bal 20 Bal 24 Bal 28 Bal. 29 Bal 30 Bal 31 Bal + + + + + 11 + + +

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