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please answer asap The following transactions occur for Badger Biking Company during the month of June: a. Provide services to customers on account for $48,000.
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The following transactions occur for Badger Biking Company during the month of June: a. Provide services to customers on account for $48,000. b. Receive cash of $40,000 from customers in (a) above. c. Purchase bike equipment by signing a note with the bank for $33,000. d. Pay utilities of $4, 8000 for the current month. Analyze each transaction and indicate the amount of increases and decreases in the accounting equationStep by Step Solution
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