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The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers. For each of the following transactions, complete the spreadsheet,

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The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers. For each of the following transactions, complete the spreadsheet, indicating the amount and effect (+ for increase and - for decrease) of each transaction under the accrual basis. The first transaction is provided as an example, (Select "NE" if there is no effect on the category. Indicate if the effects offset within a category.) Transaction Assets Liabilities Stockholders' Equity +20,600 NE Service Revenue (+R) +20,600 Bull's collected 520,600 from customers for services related to games played in July Bill's billed a customer for $310 for a party held at the center on the last day of July. The bill is to be paid in August The men's and women's bowling leagues gave Bit's advance payments totaling 51,800 for the fall season that starts in September Burs received 51,400 from credit sales made to customers last month (in June)

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