Required: For each of the following transactions for New idea Corporation, give the accounting equation effects of the adjustments fequired at the end of the month on July 3t: (Enter any decreases to Assets, Labilities, or Stockholders' Equity with a minus sign.) a. Recelved a $520 utility bill for electricity usage in July to be paid in August. b. Owed wages to 10 employees who worked three days at $60 eoch per day at the end of July. The compony will pay employees at the end of the first week of August. c. On July 1, loaned money to an employee who agreed to repay the loan in one year along with $720 for one full yeer of interest. No interest has been recorded yet