2) Record the transaction effects determined in part 1 using a journal entry format.

During the month of July, the company had the following activities:
a.	Issued 6,000 shares of common stock for $600,000 cash.
b.	Borrowed $151,000 cash from a local bank, payable in two years.
c.	Bought a building for $191,500; paid $92,500 in cash and signed a three-year note for the balance.
d.	Paid cash for equipment that cost $228,000.
e.	Purchased supplies for $44,500 on account.