Homework Answers
| Assets | Liabilities | + | Equity | |||||||||||||||||
| Date | Cash | + | Accounts Receivable | + | Office Supplies | + | Office Equipment | + | Electrical Equipment | = | Accounts Payable | + | Common Stock | - | Dividends | + | Revenue | - | Expenses | |
| Dec | 1 | $65400 | + | + | + | + | = | + | $65400 | - | + | - | ||||||||
| 2 | -1200 | + | + | + | + | = | + | - | + | - | 1200 | |||||||||
| Bal. | 64200 | + | + | + | + | = | + | 65400 | - | + | - | 1200 | ||||||||
| 3 | -5700 | + | + | + | + | 13900 | = | 8200 | + | - | + | - | ||||||||
| Bal. | 58500 | + | + | + | + | 13900 | = | 8200 | + | 65400 | - | + | - | 1200 | ||||||
| 5 | -700 | + | + | 700 | + | + | = | + | - | + | - | |||||||||
| Bal. | 57800 | + | + | 700 | + | + | 13900 | = | 8200 | + | 65400 | - | + | - | 1200 | |||||
| 6 | 1900 | + | + | + | + | = | + | - | + | 1900 | - | |||||||||
| Bal. | 59700 | + | + | 700 | + | + | 13900 | = | 8200 | + | 65400 | - | + | 1900 | - | 1200 | ||||
| 8 | + | + | + | 2530 | + | = | 2530 | + | - | + | - | |||||||||
| Bal. | 59700 | + | + | 700 | + | 2530 | + | 13900 | = | 10730 | + | 65400 | - | + | 1900 | - | 1200 | |||
| 15 | + | 6600 | + | + | + | = | + | - | + | 6600 | - | |||||||||
| Bal. | 59700 | + | 6600 | + | 700 | + | 2530 | + | 13900 | = | 10730 | + | 65400 | - | + | 8500 | - | 1200 | ||
| 18 | + | + | 420 | + | + | = | 420 | + | - | + | - | |||||||||
| Bal. | 59700 | + | 6600 | + | 1120 | + | 2530 | + | 13900 | = | 11150 | + | 65400 | - | + | 8500 | - | 1200 | ||
| 20 | -2530 | + | + | + | + | = | -2530 | + | - | + | - | |||||||||
| Bal. | 57170 | + | 6600 | + | 1120 | + | 2530 | + | 13900 | = | 8620 | + | 65400 | - | + | 8500 | - | 1200 | ||
| 24 | + | 900 | + | + | + | = | + | - | + | 900 | - | |||||||||
| Bal. | 57170 | + | 7500 | + | 1120 | + | 2530 | + | 13900 | = | 8620 | + | 65400 | - | + | 9400 | - | 1200 | ||
| 28 | 6600 | + | -6600 | + | + | + | = | + | - | + | - | |||||||||
| Bal. | 63770 | + | 900 | + | 1120 | + | 2530 | + | 13900 | = | 8620 | + | 65400 | - | + | 9400 | - | 1200 | ||
| 29 | -1700 | + | + | + | + | = | + | - | + | - | 1700 | |||||||||
| Bal. | 62070 | + | 900 | + | 1120 | + | 2530 | + | 13900 | = | 8620 | + | 65400 | - | + | 9400 | - | 2900 | ||
| 30 | -540 | + | + | + | + | = | + | - | + | - | 540 | |||||||||
| Bal. | 61530 | + | 900 | + | 1120 | + | 2530 | + | 13900 | = | 8620 | + | 65400 | - | + | 9400 | - | 3440 | ||
| 31 | -950 | + | + | + | + | = | + | - | 950 | + | - | |||||||||
| Bal. | $60580 | + | $900 | + | $1120 | + | $2530 | + | $13900 | = | $8620 | + | $65400 | - | $950 | + | $9400 | - | $3440 | |
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Required: 1. Enter the amount of each transaction on individual items of the accounting equation. (Enter...
The following information applies to the questions displayed below.] Sanyu Sony started a new business and...
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 $68,100 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 $14,300 of electrical equipment by paying $6,100 cash and agreeing to pay the $8,200 balance in 30 days. 5...
The following information applies to the questions displayed below.] Sanyu Sony started a new business and...
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 $68,100 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 $14,300 of electrical equipment by paying $6,100 cash and agreeing to pay the $8,200 balance in 30 days. 5...
! Required information Problem 1-9A Analyzing transactions and preparing financial statements LO C4, P1, P2 [The...
! Required information Problem 1-9A Analyzing transactions and preparing financial statements LO C4, P1, P2 [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...
sanyu Sony transferred 67100 Check my Required information (The following information applies to the questions displayed...
sanyu Sony transferred 67100
Check my 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 $67,100 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 $1,800 cash for the December rent. 3 The company purchased $14,600 of electrical equipment by...
Check my work Required information [The following information applies to the questions displayed below.] Sanyu Sony...
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 $64,300 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 $1,100 cash for the December rent. 3 The company purchased $13,900 of electrical equipment by paying $5,700 cash...
Required information Problem 1-9A Analyzing transactions and preparing financial statements LO C4, P1, P2 (The following...
Required information Problem 1-9A Analyzing transactions and preparing financial statements LO C4, P1, P2 (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 $67,500 cash from a personal savings account to a checking account in the name of Sony Electric 2 The company rented office space and paid $2,000 cash for the December rent. 3 The company purchased $14,800 of electrical equipment by...
Required information [The following information applies to the questions displayed below. Sanyu Sony started a new...
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 $68,900 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 $1,400 cash for the December rent. 3 The company purchased $13,400 of electrical equipment by paying $5,200 cash and agreeing to...
It says answer is not completed. What am I missing ? Required information [The following information...
It says answer is not completed. What am I missing ?
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...
Required information (The following information applies to the questions displayed below.) Sanyu Sony started a new...
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 $69,400 cash from a personal savings account to a checking account in the name of Sony Electric in exchange for its common stock. 2 company rented office space and paid $1,700 cash for the December rent. ne company purchased $14,700 of electrical equipment by paying $6,500 cash and agreeing to pay the...
Required information Problem 1-9A Analyzing transactions and preparing financial statements LO C4, P1, P2 [The following...
Required information Problem 1-9A Analyzing transactions and preparing financial statements LO C4, P1, P2 [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 $68,400 cash from a personal savings account to a checking account in the name of Sony Electric. 2 The company rented office space and paid $1,700 cash for the December rent. 3 The company purchased $13,700 of electrical equipment by...
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 $68,100 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 $14,300 of electrical equipment by paying $6,100 cash and agreeing to pay the $8,200 balance in 30 days. 5...
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 $68,100 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 $14,300 of electrical equipment by paying $6,100 cash and agreeing to pay the $8,200 balance in 30 days. 5...
! Required information Problem 1-9A Analyzing transactions and preparing financial statements LO C4, P1, P2 [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...
sanyu Sony transferred 67100
Check my 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 $67,100 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 $1,800 cash for the December rent. 3 The company purchased $14,600 of electrical equipment by...
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 $64,300 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 $1,100 cash for the December rent. 3 The company purchased $13,900 of electrical equipment by paying $5,700 cash...
Required information Problem 1-9A Analyzing transactions and preparing financial statements LO C4, P1, P2 (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 $67,500 cash from a personal savings account to a checking account in the name of Sony Electric 2 The company rented office space and paid $2,000 cash for the December rent. 3 The company purchased $14,800 of electrical equipment by...
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 $68,900 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 $1,400 cash for the December rent. 3 The company purchased $13,400 of electrical equipment by paying $5,200 cash and agreeing to...
It says answer is not completed. What am I missing ?
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...
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 $69,400 cash from a personal savings account to a checking account in the name of Sony Electric in exchange for its common stock. 2 company rented office space and paid $1,700 cash for the December rent. ne company purchased $14,700 of electrical equipment by paying $6,500 cash and agreeing to pay the...
Required information Problem 1-9A Analyzing transactions and preparing financial statements LO C4, P1, P2 [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 $68,400 cash from a personal savings account to a checking account in the name of Sony Electric. 2 The company rented office space and paid $1,700 cash for the December rent. 3 The company purchased $13,700 of electrical equipment by...
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