2 The following transactions occur for Badger Biking Company during the month of June: 16.66 a. Provide services to customers on account for $48,000. points b. Purchase bike equipment by signing a note with the bank for $40,000. c. Repay $33,000 of the note in (b) above. d. Pay utilities of $4,800 for the current month. Analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (Decreases to account classifications should be entered as a negative.) Answer is not complete. Transaction Assets Liabilities Stockholders' Equity (a) $ 48,000 + $ 48,000 (b) $ 40,000 $ 40,000 + (c) $ 33,000 = + (d) $ 4,800 + $ 4,800 Return