ABC Company provide printing services. The company engaged in the following transactions during the month of July: July 1 Issued to 1,000 shares of capital stock in exchange for $200,000 cash. July 7 Purchased land and a small building for $450,000, paying $165,000 cash and signing a note payable for the balance. The land was considered to be worth $240,000 and the building $210,000. July 21 Purchased office equipment for $30,000 from BCB, Inc. Paid $17,000 cash and agreed to pay the balance later. July 30 Paid in full the account payable to BCB, Inc. The accounts that would be debited and credited in recording the transaction on July 7 are