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  3. the following transactions occur for badger biking company during the...

Question: the following transactions occur for badger biking company during the...

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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 $35,000. b. Receive cash of S27,000 from customers in (a) above c. Purchase bike equipment by signing a note with the bank for $20,000 d. Pay utilities of S3,500 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+ Equ (in) (b) increase

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