Brief Exercise $2-4($Algo$)$ Analyze the impact of transactions on the accounting equation $($LO$2-2$

The following transactions occur for Badger Biking Company during the month of June:

$1\mathrm{.}8$

a$.$ Provide services to customers on account for $$40,000.$

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b$.$ Purchase bike equipment by signing a note with the bank for $$32,000.$

c$.$ Repay $$25,000$ of the note in $($b$)$ above.

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d$.$ Pay utilities of $$4,000$ for the current month.

Peforences

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.$)$

$\backslash$table$[[$Transaction$,$Assets,$=,$Liabilities,$+,$Stockholders' Equity$],[($a$),$$ $34,000,=,,+,$$$,34,000],[($b$),$$ $26,000,=,,+,,],[($c$),$$ $19,000,=,,+,,],[($d$),$$ $(3,400),=,,+,,]]$