The following transactions occur for Badger Biking Company during the month of June:

1. Provide services to customers on account for $37,000.

2. Purchase bike equipment by signing a note with the bank for $29,000.

3. Repay $22,000 of the note in (b) above.

4. Pay utilities of $3,700 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)