The following transactions are July 2014 activities of Craigs Bowling, Inc , which operates several bowling centers (for games and equipment sales) a Craigs collected $15,000 from customers for games played in July b Craigs sold bowling equipment inventory for $8,000 received $3,000 in cash and the rest on account Do not consider cost of goods sold for this question c Craigs received $4,000 from customers on account who purchased merchandise in June d The mens and ladies bowling leagues gave Craigs a deposit of $2,500 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 NI, and NI affects SE through Retained Earnings ) The first transaction is provided as an example Balance Sheet Income Statement Stockholders Revenues Assets L 15,000 Assets LiabilitiesStockholders Expense Net Income Equity 15,000 15,000 15,000 a b C d

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The following transactions are July 2014 activities of Craigs Bowling, Inc., which operates several bowling centers (for games and equipment sales). a. Craigs collected $15,000

The following transactions are July 2014 activities of Craigs Bowling, Inc., which operates several bowling centers (for games and equipment sales).

a.	Craigs collected $15,000 from customers for games played in July.
b.	Craigs sold bowling equipment inventory for $8,000; received $3,000 in cash and the rest on account. [Do not consider cost of goods sold for this question.]
c.	Craigs received $4,000 from customers on account who purchased merchandise in June.
d.	The mens and ladies bowling leagues gave Craigs a deposit of $2,500 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 = NI, and NI affects SE through Retained Earnings.) The first transaction is provided as an example

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Balance Sheet Income Statement Stockholders Revenues Assets L 15,000 Assets LiabilitiesStockholders Expense Net Income Equity 15,000 15,000 15,000 a. b. C. d