Define the last point up to which successful communications are known to have occurred, and define the last known point to which a conversation must be rolled back for missing or damaged elements to be replayed to recover from the effects of missing or damaged data

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 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.)