Happy Camper Company is a service-based company that rents canoes for use on local lakes and rivers Andrea and Ziggy Waldron graduated from college about 10 years ago They both worked for one of the "Big Four" accounting firms and became CPAs. Because they both love the outdoors, they decided to begin a new business that will combine their love of outdoor activities with their business knowledge. Andrea and Ziggy decide that they will create a new corporation, Happy Camper Company, or HCC for short. The business began operations on November 1, 2024 (Click the icon to view the transactions) Read the requirements More info Nov. 1 Received $24,000 cash to begin the company and issued common stock to Andrea and Ziggy. Nov. 2 Signed a lease for a building and paid $1,300 for the first month's rent. Purchased canoes for $5,100 on account. Purchased office supplies on account, $1,200. Nov. 3 Nov. 4 Nov. 7 Earned $1,000 cash for rental of canoes.. Nov. 13 Paid $1,400 cash for wages. Nov. 15 Paid $300 dividends to stockholders. Nov. 16 Received a bill for $200 for utilities. (Use separate payable account.) Nov. 20 Received a bill for $130 for cell phone expenses. (Use separate payable account.) Nov. 22 Rented canoes to Tender Time on account, $3,400. Nov. 26 Paid $2,600 on account related to the November 3, 2024, purchase. Nov. 28 Received $800 from Tender Time for canoe rental on November 22, 2024. for canoe rental on November 22, 2024. Nov. 30 Paid $400 dividends to stockholders. Reference Cash + Assets Liabilities. Equity A/R Off +Canoes = A/P Util +Tele. + CS Div +Rent - Rent- Util. Wage Tele Rev. Exp. Exp. Exp. Exp Sup Pay Pay 19,800 2,600 1,200 5,100 3,700 200 130 24,000 700 4,400 1,300 200 1,400 130 Bal Print Done X 2. Prepare the income statement of Happy Camper 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. 5. Calculate the return on assets for Happy Camper Company for November 2024