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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
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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 the following accounts:
Cash | Accounts Payable | ||
Accounts Receivable | Shawn Dahl, Capital | ||
Office Equipment | Revenue | ||
Canoe and Kayak Equipment | Expenses | ||
Transactions
- Shawn Dahl invested $44,000 in cash to open the business
- Paid $11,700 in cash for the purchase of kayak and canoe equipment
- Paid $2,050 in cash for rent expense
- Purchased additional kayak and canoe equipment for $4,800 on credit
- Received $4,900 in cash for kayak rentals
- Rented canoes and kayaks for $2,200 on account
- Purchased office equipment for $225 in cash
- Received $1,300 in cash from credit clients
- 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?
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