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solve this asap pls The following transactions occur for Badger Biking Company during the month of June: a. Provide services to customers on account for
solve this asap pls
The following transactions occur for Badger Biking Company during the month of June: a. Provide services to customers on account for $35.000 b. Purchase bike equipment by signing a note with the bank for $27,000. c. Repay $20,000 of the note in (b) above. d. Pay utilities of $3,500 for the current month. Analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (Decreases to account classifications should be entered as a negative.) Transaction Assets Liabilities Stockholders Equity (a) (b) (c) (d) $ 45,000 $ 27,000 $ 20,000/= $ 3,500] = ++++ Step by Step Solution
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