The following transactions are July 2014 activities of Craig’s Bowling, Inc., which operates several bowling centers...

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Accounting

The following transactions are July 2014 activities of Craig’sBowling, Inc., which operates several bowling centers (for gamesand equipment sales). e. Craig’s sold bowling merchandise costing$6,800. [Do not consider sales revenue for this question.]
f. Craig’s paid $800 on the electricity bill for June (recordedas expense in June).
g. Craig’s paid $3,500 to employees for work in July.
h. Craig’s purchased $1,500 in insurance for coverage from July1 to October 1. Assume that the purchase of the insurance hasalready been recorded.
i. Craig’s paid $700 to plumbers for repairing a broken pipe inthe restrooms.
j. Craig’s received the July electricity bill for $900 to bepaid in August.
For each of the following transactions, complete the tabulation,indicating the amount and net effect (+ for increase and ? fordecrease) of each transaction. (Remember that A = L + SE, R ? E =NI, and NI affects SE through Retained Earnings.) The firsttransaction is provided as an example.

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The following transactions are July 2014 activities of Craig’sBowling, Inc., which operates several bowling centers (for gamesand equipment sales). e. Craig’s sold bowling merchandise costing$6,800. [Do not consider sales revenue for this question.]f. Craig’s paid $800 on the electricity bill for June (recordedas expense in June).g. Craig’s paid $3,500 to employees for work in July.h. Craig’s purchased $1,500 in insurance for coverage from July1 to October 1. Assume that the purchase of the insurance hasalready been recorded.i. Craig’s paid $700 to plumbers for repairing a broken pipe inthe restrooms.j. Craig’s received the July electricity bill for $900 to bepaid in August.For each of the following transactions, complete the tabulation,indicating the amount and net effect (+ for increase and ? fordecrease) of each transaction. (Remember that A = L + SE, R ? E =NI, and NI affects SE through Retained Earnings.) The firsttransaction is provided as an example.