1. (Click that iccen to verw the tratratchons ) Hoad the cactititints Fxp 1. Wagos Expenso (Wage Exa), and Telophone Expense. (leve Exp ) decrosen in accosunt with a minirs pas cor parenthesios Nov. 1 Received $14,000 cash to begin the company and issued common stock to Alison and Ziggy. Nov. 2 Signed a lease for a building and paid $1,400 for the first month's rent. Nov. 3 Purchased canoes for $4,000 on account. Nov. 4 Purchased office supplies on account, $1,100. Nov. 7 Earned $1,600 cash for rental of canoes. Nov. 13 Paid $1,400 cash for wages. Nov. 15 Paid $200 dividends to stockholders. Nov. 16 Received a bill for $110 for utilities. (Use separate payable account.) Nov. 20 Received a bill for $200 for cell phone expenses. (Use separate payable account.) Nov. 22 Rented canoes to Little Day Breakers on account, $3,500. Nov. 26 Paid $2,500 on account related to the November 3, 2024, purchase. Nov. 28 Received $1,300 from Little Day Breakers for canoe rental on November 22, 2024 Nov. 30 Paid $300 dividends to stockholders. Requirements 1. Analyze the effects of Better Boat Company's transactions on the accounting equation. Include these headings: Cash, Accounts Receivable, Office Supplies, Canoes, Accounts Payable, Utilities Payable, Telephone Payable, Common Stock, Dividends, Canoe Rental Revenue, Rent Expense, Utilities Expense, Wages Expense, and Telephone Expense. 2. Prepare the income statement of Better Boat Company for the month ended November 30,2024. 3. Prepare the statement of retained earnings for the month ended November 30, 2024. 4. Prepare the balance sheet as of November 30,2024