Question: What is the answer to 1 2 and 3? On September 1, Shawn Dahl established Whitewater Rentals, a canoe and kayak rental business. The following

What is the answer to 1 2 and 3? 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 $44,900 in cash to open the business Paid $12,600 in cash for the purchase of kayak and canoe equipment Paid $1,600 in cash for rent expense Purchased additional kayak and canoe equipment for $4,350 on credit Received $4,450 in cash for kayak rentals Rented canoes and kayaks for $1,750 on account Purchased office equipment for $180 in cash Received $1,075 in cash from credit clients Shawn Dahl withdrew $2,050 in cash for personal expenses Based on the information above, complete the following accounting equation.

1. Assets Total

2. Liabilities Total

3. Owner's Equity

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