Question: It says answer is not completed. What am I missing ? Required information [The following information applies to the questions displayed below.) Sanyu Sony started

It says answer is not completed. What am I missing ?

It says answer is not completed. What am I missing ? Requiredinformation [The following information applies to the questions displayed below.) Sanyu Sonystarted a new business and completed these transactions during December. Dec. 1Sanyu Sony transferred $65,000 cash from a personal savings account to achecking account in the name of Sony Electric. 2 The company rentedoffice space and paid $1,000 cash for the December rent. 3 The

Required information [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. 2 The company rented office space and paid $1,000 cash for the December rent. 3 The company purchased $13,000 of electrical equipment by paying $4,800 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 $1,200 cash for these services. 8 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 $350 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 $5,000 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 Sanyu Sony withdrew $950 cash from the company for personal use. 2-a. Prepare an income statement for the current month. 2-b. Prepare a statement of owner's equity for the current month. 2-c. Prepare a balance sheet as of the end of the month. 3. Prepare a statement of cash flows for the current month. Complete this question by entering your answers in the tabs below. Required information Required 2A Required 2B Required 2C Required 3 Prepare an income statement for the current month. SONY ELECTRIC Income Statement For Month Ended December 31 Revenues Electrical fees earned $ $ 7,100 7,100 Total Revenues Expenses Rent expense Salaries expense [ $ 1,000 1,400 Utilities expense 540 2,940 Total expenses Net income 4,160 Required 2A Required 2B Required 2C Required 3 Prepare a statement of owner's equity for the current mor SONY ELECTRIC Statement of Owner's Equity For Month Ended December 31 S. Sony, Capital, December 1 $ [Add: Investment by owner Add: Net income 0 65,000 4,160 69,160 950 68,210 [Less: Withdrawals by owner S. Sony, Capital, December 31 $

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