Module $\frac{1}{?}$ Chapter $2$ i

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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:

a$.$ Provide services to customers on account for $$49,000.$

b$.$ Purchase bike equipment by signing a note with the bank for $$41,000.$

c$.$ Repay $$34,000$ of the note in $($b$)$ above.

d$.$ Pay utilities of $$4,900$ 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.$)$

$\backslash$table$[[$Transaction$,$Assets,$=,$Liabilities,$+,\backslash$table$[[$Stockholders$\text{'}],[$Equity$]]],[($a$),,=,,+,],[($b$),,=,,+,],[($c$),,=,,+,],[($d$),,=,,+,]]$