16 Bearings & Brakes Corporation (B&B) was Incorporated as a private company. The company's accounts Included the following at June 30 Accounts Payable Buildings Cash Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Supplies $53,000 510,000 91,000 180,000 150,000 449,000 6,000 971,000 10,000 During the month of July, the company had the following activities: a. Issued 3,000 shares of common stock for $300,000 cash. b. Borrowed $65,000 cash from a local bank, payable in four years. c. Bought a building for $168,000; paid $67,000 in cash and signed a three-year note for the balance. d. Pald cash for equipment that cost $91,000. e. Purchased supplies for $91,000 on account Required: 1. Analyze transactions (a)-(e) to determine their effects on the accounting equation. (Enter any decreases to account balances with a minus sign.) B. a d Assets Cash Supplies Buildings Equipment Liabilities Accounts Notes Payable Payable (long-term) Stockholders Equity Common Stock