3 3. Summarize the joumal entry effects from requirement 2 uang T-accounts Beg bai Casli Supplies Beg bal End bat Factory Building Equipment 01 Beg bil End fal Land Deg bad Accoum Payable End End bil Mates Payable Cannad Capital Beg ba End bal Bog Hetained Earnings End bac ent 1-Chapters 1 and 2 Saved Deliberate Speed Corporation (DSC) was incorporated as a private company. The company's accounts included the following at June 30 Accounts Payable $ 24,000 Land $214,000 Factory Building Cash 104,200 30,200 Notes Payable (long-term) Retained Earnings 4,600 266,000 Contributed Capital 194,000 Supplies 8,400 Equipment 132,000 During the month of July, the company had the following transactions a Issued 3,720 shares for $372,000 cash. b. Borrowed $118,000 cash from a local bank, payable in two years c Bought a factory building for $210,000, paid $96,000 in cash and signed a three-year note for the balance d Paid cash for equipment that cost $228,000 e. Purchased supplies for $34,200 on account