Wonder Wilderness Company is a service-based company that rents canoes for use on local lakes and rivers. Ashlyn and Zed Waldon graduated from college about 10 years ago. They both worked for one of the "Big Four" accounting firms and became CPAs. Because they both love the outdoors, they decided to begin a new business that will combine their love of outdoor activities with their business knowledge. Ashlyn and Zed decide that they will create a new corporation, Wonder Wilderness Company, or WWC for short. The business began operations on November 1, 2024 (Click the icon to view the transactions) Read the requirements. Requirement 1. Analyze the effects of Wonder Wildemess Company's transactions on the accounting equation Included are the following headings. Cash, Accounts Receivable (A/R), Office Supplies (Off. Sup ), Canoes; Accounts Payable (A/P), Utilities Payable (Util. Pay.), Telephone Payable (Tele. Pay), Common Stock (CS), Dividends (Div.), Canoe Rental Revenue (Rent. Rev.), Rent Expense (Rent Exp.), Utilities Expense (Util. Exp.). Wages Expense (Wage Exp.), and Telephone Expense (Tele. Exp ) Analyze the events chronologically, one transaction at a time, beginning with the transaction on November 1 . For each transaction that follows the November 1st transaction, calculate the balance in each account after analyzing its effect on the accounting equation. After calculating the ending balance of each account on November 30 , calculate total assets and total liabilities and equity (Complete only the necessary answer boxes for your transaction lines [Do not enter any zeros for your transaction lines.] Carry down all balances to the "Bal." line, including zero balance accounts, entering a " 0 " for any zero balances. Enter a decrease in an account with a minus sign or parentheses.) Nov. 1 Received $10,000 cash to begin the company and issued common stock to Ashlyn and Zed. Nov. 2 Signed a lease for a building and paid $1,900 for the first month's rent. Nov. 3 Purchased canoes for $4,000 on account. Nov. 4 Purchased office supplies on account, $300. Nov. 7 Earned $1,900 cash for rental of canoes. Nov. 13 Paid $1,000 cash for wages. Nov. 15 Paid $250 dividends to stockholders. Nov. 16 Received a bill for $130 for utilities. (Use separate payable account.) Nov. 20 Received a bill for $100 for cell phone expenses. (Use separate payable account) Nov. 22 Rented canoes to Little Learner on account, $3,400. Nov. 26 Paid $1,200 on account related to the November 3,2024 , purchase. Nov. 28 Received $1,400 from Little Learner for canoe rental on November 22, 2024 Nov. 30 Paid $300 dividends to stockholders