Analyze the effects of Canyon Canoe Company's transactions on the accounting equation. Use the format od Exhibit 1-5, and include these headings: Cash; Accounts Recievable; Office Supplies; Canoes; Accounts Payable: Utilities Payable; Telephone Payable; Wilson,Capital; Wilson, Withdrawals; Canoe Rental Revenue; Rent Expense; Utilities Expense; Wages Expense and Telephone Expense,

Nov. 1 2 3 4 7 13 15 16 20 22 26 28 30 Received $16,000 cash to begin the company and gave capital to Amber. Signed a lease for a building and paid $1,200 for the first month's rent. Purchased canoes for $4,800 on account. Purchased office supplies on account, $750. Earned $1,400 cash for rental of canoes. Paid $1,500 cash for wages Wilson withdrew $50 cash from the business. Received a bill for $150 for utilities. (Use separate payable account.) Received a bill for $175 for cell phone expenses. (Use separate payable account.) Rented canoes to Early Start Daycare on account, $3,000. Paid $1,000 on account related to the November 3, 2018, purchase. Received $750 from Early Start Daycare for canoe rental on November 22, 2018. Wilson withdrew $100 cash from the business