Question: Saved Help Save & Exit Submit 2 Check my work Required information The following information applies to the questions displayed below. Sanyu Sony started a

 Saved Help Save & Exit Submit 2 Check my work 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 $67, B00 cash from a personal savings account to
a checking account in the Skipped name of Sony Electric in exchange

Saved Help Save & Exit Submit 2 Check my work 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 $67, B00 cash from a personal savings account to a checking account in the Skipped name of Sony Electric in exchange for its common stoak. 2 The company rented office space and paid $1,700 cash for the December rent eBook Print References 3 The company purchased $13,800 of electrical equipment by paying $5,600 cash and agreeing to pay the $8,200 balance in 30 days. 5 The company purchased oftice supplies by paying $800 cash. 6 The company completed electrical work and immediately collected $1,800 cash for these services. 8 The company purchased $2520 of office equipment on credit 15 The company completed electrical work on credit in the amount of $6,300 18 The eompany purchased $490 of office supplies on eredit 20 The company paid $2,520 cash for the office equipment purchased on December 8. 24 The eompany billed a client $900 for electrical work completed; the balance is due in 30 days. 28 The company received $6,300 cash for the work completed on December 15. 29 The company paid the assistant's salary of $1,500 cash for this nonth 30 The company paid $570 cash for this month's utility bil1 31 The company paid $980 cash in dividends to the oner (sole shareholder). 21. Prepare an income statement for the current month. SONY ELECTRIC Income Statement h Ended December 31

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