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. Write NE if there is no effect on the category. Indicate + / €“ if the effects offset within a category. Include revenues as a subcategory of stockholders€™ equity, as shown for the first transaction, which is provided as an example.

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Transaction Assets Liabilities Stockholders' Equity a. Bill's collected $12000 from customers for services Service Revenue+R12000 +12.000 NE related to games played in July. b. Bills billed a customer for $250 for a party held at the center on the last day of July. The bil is to be paid in August. c The men's andwomen's bowling leagues gave Bills advance payments totaling $1,500 for the fall season that starts in September. d. Bill's received $1,000 from credit sales made to custom ers last month (in June)