The following transactions occur for Badger Biking Company during the month of June: a. Provide services...

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The following transactions occur for Badger Biking Company during the month of June: a. Provide services to customers on account for $42,000. b. Purchase bike equipment by signing a note with the bank for $34,000. c. Repay $27,000 of the note in (b) above. d. Pay utilities of $4,200 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 (a) (b) (c) (d) Liabilities +++ + Stockholders' Equity The following transactions occur for Badger Biking Company during the month of June: a. Provide services to customers on account for $42,000. b. Purchase bike equipment by signing a note with the bank for $34,000. c. Repay $27,000 of the note in (b) above. d. Pay utilities of $4,200 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 (a) (b) (c) (d) Liabilities +++ + Stockholders' Equity