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WIL ACCOUNTING ter 01 Pre-Built Assignment [The following information applies to the questions displayed below.) Sanyu Sony started a new business and completed these transactions

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WIL ACCOUNTING ter 01 Pre-Built Assignment [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 $64,200 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 pald $1,600 cash for the December rent. 3 The company purchased $14,800 of electrical equipment by paying $6,600 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 $1,500 cash for these services. 8 The company purchased $2,990 of office equipment on credit. 15 The company completed electrical work on credit in the amount of $6,000. 18 The company purchased $360 of office supplies on credit 20 The company paid $2,990 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 $6,000 cash for the work completed on December 15. 29 The company paid the assistant's salary of $1,300 cash for this month. 30 The company paid $540 cash for this month's utility bill 31 The company paid $940 cash in dividends to the owner (sole shareholder). 1b. What is the amount of equity on December 31, 2017 for Company A

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