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What balance of accounts receivable for whitewater rentals

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Reference no: EM132468048

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

Point 1: Shawn Dahl invested $50,000 in cash to open the business

Point 2: Paid $14,200 in cash for the purchase of kayak and canoe equipment

Point 3: Paid $2,200 in cash for rent expense

Point 4: Purchased additional kayak and canoe equipment for $4,900 on credit

Point 5: Received $4,600 in cash for kayak rentals

Point 6: Rented canoes and kayaks for $3,400 on account

Point 7: Purchased office equipment for $375 in cash

Point 8: Received $1,350 in cash from credit clients

Point 9: Shawn Dahl withdrew $1,800 in cash for personal expenses

Question 1: Based on the information shown above, what is the balance of Accounts Receivable for Whitewater Rentals at the end of September?

Reference no: EM132468048

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