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Question 1: Determine the transactions occur for Badger Biking Company during the month of June:
Point a. Provide services to customers on account for $50,000.
Point b. Receive cash of $42,000 from customers in (a) above.
Point c. Purchase bike equipment by signing a note with the bank for $35,000.
Point d. Pay utilities of $5,000 for the current month.
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