requirement one analyze the effects of treetop companies transactions on the accounting equation. included are the following headings cash, accounts receivable, office supplies, canoes; accounts payable, utilities payable, telephone payable, common stock, dividends, canoe rental revenue, rent expense, utilities expense, wages expense, and telephone expense

analyze the events chronologically one transaction at a time beginning with a transaction on November 1st for each transaction that follows the November 1st transaction calculate the balance in each account after analyzing its effects on the accounting equation. after calculating the ending balance of each account on November 30th calculate total assets in total liabilities and equity

Points: 0 of 25 Sa -mpany is a service-based company that rents canoes for use on local lakes and rivers. Anya and Zain Ward graduated from college about 10 yea orked for one of the "Big Four accounting firms and became CPAs. Because they both love the outdoors, they decided to begin a new business th ir love of outdoor activities with their business knowledge. Anya and Zain decide that they will create a new corporation, Tree Top Company, or TT usiness began operations on November 1, 2024. me icon to view the transactions.) quirements nt 1. Analyze the effects of Tree Top Company's transactions on the accounting equation. Included are the following headings: Cash, Accounts (A/R), Office Supplies (Off. Sup.), Canoes; Accounts Payable (A/P), Utilities Payable (Util. Pay.), Telephone Payable (Tele. Pay.), Common Stock (CS Div.), Canoe Rental Revenue (Rent. Rev.), Rent Expense (Rent Exp.), Utilities Expense (Util. Exp.), Wages Expense (Wage Exp.), and Telephone ele. Exp.). events chronologically, one transaction at a time, beginning with the transaction on November 1. For each transaction that follows the November 1st calculate the balance in each account after analyzing its effect on the accounting equation. After calculating the ending balance of each account on 30, calculate total assets and total liabilities and equity. (Complete only the necessary answer boxes for your transaction lines. (Do not enter any zeros msaction lines.) Carry down all balances to the "Bal." line, including zero balance accounts, entering a "0" for any zero balances. Enter a decrease in ar ch a minus sign or parentheses.) Assets Liabilities Equity sh + A/R + Off. + Canoes = A/P + Util. + Tele+ CS Div + Rent - Rent Util. Wage Tele. DA DAL DA Iun Cun CU CUR Me Solve This DemoDocs Example Get More Help Clear All Check Answer Question 1. CPF1-55 (si HW Score: 0%. O of More Info Nov. 1 Received $17,000 cash to begin the company and issued common stock to Anya and Zain. Nov. 2 Signed a lease for a building and paid $900 for the first month's rent. Nov. 3 Purchased canoes for $4,100 on account. Nov. 4 Purchased office supplies on account, $500. Nov. 7 Earned $1,100 cash for rental of canoes. Nov. 13 Paid $1,800 cash for wages. Nov. 15 Paid $250 dividends to stockholders. Nov. 16 Received a bill for $100 for utilities. (Use separate payable account.) Nov. 20 Received a bill for $160 for cell phone expenses. (Use separate payable account.) Nov. 22 Rented canoes to Little Learner on account, $2,800. Print Dono