my work Badger World Wide, Inc., manufactures military, work, sport, and casual footwear and leather accessories under a variety of brand names, such as Moth, Lovlies, Walkers, and Bill Ladde. The following transactions occurred during a recent month a. Made cash sales of $63,200 (example) b. Purchased $4,000 of additional supplies on account c Borrowed $66 200 on long-term notes d. Purchased $25,100 in additional equipment, paying in cash e incurred $38,400 in selling expenses, paying two-thirds in cash and owing the rest on account Paid $8,950 in rent for this month, and also paid $8,950 for next month. Required: 1. For each of the transactions, complete the following table, indicating the account, amount, and direction of the effect (+ for increase and - for decrease) of each transaction under the accrual basis. Include revenues and expenses as subcategories of stockholders equity, as shown for the first transaction, which is provided as an example, 2. Determine the company's preliminary net income Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 1 Required 2 3 For each of the transactions, complete the following table, indicating the account, amount, and direction of the effect (+ for increase and - for of each transaction under the accrual basis. Include revenues and expenses as subcategories of stockholders equity, as shown for the first tran which is provided as an example. (Enter any decreases to account balances with a minus sign.) Transaction Assets Liabilities Stockholders' Equity Cash 63.200 Sales Revenue 63200 b Supplies 4,000 Accounts Payable 4,000 Cash 66.200 Notes Payable (long 05,200 torm d Equipment 25,100 Cash (25.100) Canh (38.400) Accounts Payable Selling Expenso 1 Prepaid Rent 8,950 Rent Expense (8,950) Cash (25,300) O Reguend Required 2 > Required: 1. For each of the transactions, complete the following table, indicating the account, amount, and direction of the effect (+ for increase and for decrease) of each transaction under the accrual basis. Include revenues and expenses as subcategories of stockholders equity, as shown for the first transaction, which is provided as an example 2. Determine the company's preliminary net income + Complete this question by entering your answers in the tabs below. Required Required 2 Determine the company's preliminary net income. Preliminary Not Income Required 1 Required