Assignments ACCTO DO1: ntro Accounting-Toma R-FALL 2019-SECTION 11792 Sav Help Saved Chapter 2-Homework Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. 2 Brief Exercise 2-4 Analyze the impact of transactions on the accounting equation (LO2-2)
The following transactions occur for Badger Biking Company during the month of June 025 points a Provide services to customers on account for $50,00o b. Receive cash of $42.000 from customers in (a) above C Purchase bike equipment by signing a note with the bank for $35.000 d. Pay utilities of .000 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.) O Answer is not complete. Stockholders Transaction Assets Liabilities Equity 50,000 50,000 a 42.000 bi increase (b) decrease ict 35000 id 5,000 2 of 15. Get Accounting homework help today
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