Below are transactions for Bronco Corporation during the month of June. Determine whether each transaction increases, decreases, or has no effect on assets, liabilities, and expenses in June. a. Pay $600 cash to employees for work performed during June. b. Receive a $200 telephone bill for the month of June, but Bronco does not plan to pay the bill until early next month. c. Pay $500 on account for supplies purchased last month. All supplies were used last month. Assets (a) (b) (c) Liabilities Expenses