O Concu ht Call www At CA . O w ap e Water Way Company is a service-based company that rents canoes for use on local lakes and rivers Anya and Zeger Ward 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 the business knowledge Anya and Zeger decide that they will create a new corporation, Water Way Company, or WWC for short The business began operations on November 1, 2018 Click the icon to view the transactions Read the requirements Requirement 1. Analyze the effects of Water Way Company's transactions on the accounting equation included are the following headings Cash, Accounts Receivablo (AR), Office Supplies (Off Sup), Canoes, Accounts Payablo (AP), Utilities Payable (Ul. Pay) Telephone Payable (Tele Pay X Common Stock (CS), Dividends (Div. Canon Rental Revenue (Rent Rev), Rent Expense (Ront Exp). Utilities Exponse (US Exp ), Wages Experise (Wago Exp.), and Telephone Expense (Tolo Exp) Analyze the events chronologically one transaction at a time, beginning with the transaction on November 1 For each transaction that follows the November 1st transaction, calculate the balance in each account after analyzing its effect on the accounting equation Alter calculating the ending balance of each account on November 30, calculate total assets and total liabilities and equity (Complete only the necessary answer boxes for your transaction lines. Do not enter any zeros for your transaction lines Carry down at balances to the "Balline, including zoro balance accounts entering a "U" for any 2010 balances Enter a decrease in an account with a minus sign or parentheses) Assets AIR ON Liabilities Unit Cash + Canoes AIP cs DIV Tole. Pay Equity Rent Exp Ront Rov Sup Pay Uti Exp Wage Exp Tele Exp + 4 + More info Received $22.000 cash to begin the company and issued common Nov. 1 stock to Anya and Zeger Nov. 2 Signed a lease for a building and paid $1,400 for the first month's rent Nov. 3 Purchased canoes for 54,900 on account Nov. 4 Purchased office supplies on account, $500 Nov. 7 Earned $1,300 cash for rental of canons Nov. 13 Paid $1.400 cash for wages Nov. 16 Pad $150 dividends to stockholders Nov. 16 Received a bill for $100 for utilities (Use separate payable account Received a bill for $110 for cell phone expenses (Use separate payable Nov. 20 account) Nov. 22 Ronted canoes to Day Care King on account 53.100 Nov. 26 Paid $1,800 on account related to the November 3, 2018, purchase Received $1,700 from Day Care King for canoe rontal on November 22 Nov, 28 2018 Nov. 30 Paid $250 dividends to stockholders Enter any number in the edit fields and then click Check All 17 parto remaining