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The following transactions are July 2014 activities of Craig's Bowling Inc which operates several bowling centers (for games and equipment sales) Craig's collected $ 18,000

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The following transactions are July 2014 activities of Craig's Bowling Inc which operates several bowling centers (for games and equipment sales) Craig's collected $ 18,000 from customers for games played in July Craig's sold bowling equipment inventory for S7 700 received $3, 300 in cash and the rest on account {Do not consider cost of goods sold for this question Craig's received $2, 800 from customers on account who purchased merchandise in June The men's and ladies' bowling leagues gave Craig's a deposit of $4 600 for the upcoming fall season. For each of the following transactions, complete the tabulation indicating the amount and net effect (+ for increase and - for decrease) of each transaction (Remember that A = L + SE. R - E = Nl, and Nl affects SE through Retained Earnings) The first transaction is provided as an example

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