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On September 1, Shawn Dahl established Whitewater Rentals, a canoe and kayak rental business. The following transactions occurred in the month of September and affected
On September 1, Shawn Dahl established Whitewater Rentals, a canoe and kayak rental business. The following transactions occurred in the month of September and affected the following accounts: Cash Accounts Receivable Office Equipment Canoe and Kayak Equipment Accounts Payable Shawn Dahl, Capital Revenue Expenses Transactions 1. Shawn Dahl invested $44,000 in cash to open the business 2. Paid $11,700 in cash for the purchase of kayak and canoe equipment 3. Paid $2,050 in cash for rent expense 4. Purchased additional kayak and canoe equipment for $4,800 on credit 5. Received $4,900 in cash for kayak rentals 6. Rented canoes and kayaks for $2,200 on account 7. Purchased office equipment for $225 in cash 8. Received $1,300 in cash from credit clients 9. Shawn Dahl withdrew $2,500 in cash for personal expenses Based on the information shown above, what is the balance of Accounts Receivable for Whitewater Rentals at the end of September? Balance of accounts receivable
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