Required information 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 $45,600 in cash to open the business 2. Paid $13,300 in cash for the purchase of kayak and canoe equipment 3. Paid $1,350 in cash for rent expense 4. Purchased additional kayak and canoe equipment for $4,100 on credit 5. Received $4,200 in cash for kayak rentals 6. Rented canoes and kayaks for $1,500 on account 7. Purchased office equipment for $155 in cash 8. Received $950 in cash from credit clients 9. Shawn Dahl withdrew $1,800 in cash for personal expenses Assets Assets : = - Liabilities Liabilities + Owners Equity