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Required information Problem 1-9A (Static) Analyzing transactions and preparing financial statements LO P1, P2 [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 $65,000 cash from a personal savings account to a checking account in the name of sony Blectric. December 2 The company paid $1,000 canh for the December rent. December 3 The company purchased $13,000 of electrical equipeent by paying $4,800 eash and agreeing to pay the $8,200 balance in 30 days . December 5 The company purchaned supplies by paying $800 cash. Decomber 6 The company completed electrical work and immediately collected $1,200 cash for these services. December 8 The company purchased $2,530 of office equipent on credit. December 15 The company completed electrical work on credit in the amount of $5,000. December 18 The company purchased $350 of supplien on eredit. December 20 The company paid $2,530 cash for the office equiptent purchased on December 8 . December 24 The company billed a ellent $900 for electrical work coepleted; the balance in due in 30 daya. Decenber 28 The company received $5,000 cash for the work completed on December 15 . December 29 The company paid the assistant's salary of $1,400 cash for this month. December 30 The company paid $540 cash for this month's utility bill. December 31 Sanyu Sony withdrew $950 cash from the company for personal use. Required information Problem 1-9A (Static) Analyzing transactions and preparing financial statements LO P1, P2 [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 $65,000 cash from a personal savings account to a checking account in the name of sony Blectric. December 2 The company paid $1,000 canh for the December rent. December 3 The company purchased $13,000 of electrical equipeent by paying $4,800 eash and agreeing to pay the $8,200 balance in 30 days . December 5 The company purchaned supplies by paying $800 cash. Decomber 6 The company completed electrical work and immediately collected $1,200 cash for these services. December 8 The company purchased $2,530 of office equipent on credit. December 15 The company completed electrical work on credit in the amount of $5,000. December 18 The company purchased $350 of supplien on eredit. December 20 The company paid $2,530 cash for the office equiptent purchased on December 8 . December 24 The company billed a ellent $900 for electrical work coepleted; the balance in due in 30 daya. Decenber 28 The company received $5,000 cash for the work completed on December 15 . December 29 The company paid the assistant's salary of $1,400 cash for this month. December 30 The company paid $540 cash for this month's utility bill. December 31 Sanyu Sony withdrew $950 cash from the company for personal use

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