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Caryon Canoe Company is a service based company that rents canoes for use on locat lakes and twers. Amber and Zack Wilson graduated from college about 10 years ago. They both worked for one of the "Big Four" accounting firms and became CPAs. Because they both lowe the outdoors, they decided to begin a new business that wil combine their love of outdoor activities with their business knowledge. Amber and Zack decide that they will create a new corporation, Carryon Canoe Company. or CCC for short. The business began operabions on November 1, 2024 (Click the icon to view the transaclions) Read the requirements Requirement 1. Analyze the effects of Canyon Canoe Company's transactions on the acoounting equation Included are the following beadings: Cash, Accounts Recelvable (AV), Office Supples (Or. Sup), Canoes; Accounts Payable (NP). Utalies Payable (Util Pay), Telephone Payable (Tele. Pay), Cormenon Stock (CS). Dividends (Div.). Canee Rental Revenue (Rent. Rev.). Reat Expense (Rent Exp). Utilitiet Expense (Util. Exp), Wages Expense (Wage Exp). and Telephone Expense (Tele Exp) Analyze the events chronologically, one transaction at a time, begrining with the transaction on November 1 . For each transaction that follows the November fst transaction, calculate the balance in each account after analyzing its eflect on the accounting equation Afler calculating the ending balance of each account on November 30 , calculate total assets and total Eabilities and equity (Completo only the nocestary 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 amy zero balances Enter a decrease in an account with a. More info itdoors, a new co

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