For each of the following transactions for New Idea Corporation, give the accounting equation effects of the adjustments required at the end of the month on July 31: (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) a. Received a $600 utility bill for electricity usage in July to be paid in August b. Owed wages to 10 employees who worked three days of $100 each per day at the end of July. The company will pay employees at the end of the first week of August. con July 1 loaned money to an employee who agreed to repay the loan in one year along with $1,200 for one full year of Interest. No Interest has been recorded yet Stockholders' Equity Transaction Assets Liabilities Accounts Payable SO 1.800 b