3.6 Satka Fishing Expeditions ,Inc., recorded the following transactions in July

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Indicate the effects that each of these transactions will have upon the following six total amounts in the company’s financial statements for the month of July. Organize your answer in tabular form, using the column headings shown, and use the code letters I for increase, D for decrease, and NE for no effect.

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3.7 A number of transactions of Claypool Construction are described below in terms of accounts debited and credited.

a. Indicate the effects of each transactions upon the elements of the income statement and the balance sheet. Use the code letters I for increase, D for decrease, and NE for no effect. Organize your answer in tabular form, using the column headings shown,

b. Write a one-sentence description of each transaction.

3.8 Shown below are selected transactions of the architectural firm of Baxter, Claxter, and Stone,