Craig's Bowling Inc. operates several bowling centres (for games and equipment sales). The following transactions occurred in November 2017. For each of the following transactions, complete the tabulation, indicating the amount and effect (+ for increase and - for decrease) of each transaction. (Remember that A =L + SE, R - E = NE, and NE affects SE through retained earnings.) Write "N" if there is no effect. The first transaction is provided as an example

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Statement of Earnings Statement of Financial Position Shareholders' Net Revenues Expenses Earnings Transaction Liabilities Equity Assets a. Craig's sold bowling merchandise costing $6,800. b. Craig's paid $800 on the electricity bill for October (recorded as expense in October). c. Craig's paid $3,500 to employees for work in -6,800 N -6,800 +6,800 -6,800 November. d. Craig's purchased $1,500 in insurance for coverage from October 1 to December 31. e. Craig's paid $700 to plumbers for repairing a broken pipe in the restrooms. f. Craig's received the November electricity bill for $900 to be paid in December.