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Required information [ The following information applies to the questions displayed below. ] On September 1 , Shawn Dahl established Whitewater Rentals, a canoe and
Required information
The following information applies to the questions displayed below.
On September 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
Shawn Dahl invested $ in cash to open the business
Paid $ in cash for the purchase of kayak and canoe equipment
Paid $ in cash for rent expense
Purchased additional kayak and canoe equipment for $ on credit
Received $ in cash for kayak rentals
Rented canoes and kayaks for $ on account
Purchased office equipment for $ in cash
Received $ in cash from credit clients
Shawn Dahl withdrew $ in cash for personal expenses
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