ABC electronics was incorporated as a private company. The company's accounts included the following at June 30 : During the month of July, the company had the following transactions: a. Issued 3,700 shares for $370,000 cash. b. Borrowed $120,000 cash from a local bank, payable in two years. c. Bought a factory building for $212,000; paid $97,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $230,000. e. Purchased supplies for $34,500 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.) Example: 2. Record the transaction effects determined in requirement 1 using a journal entry format. (If no entry is required for a transaction/event, indicate "No journal entry required" 3. Summarize the journal entry effects from requirement 2 using T-accounts. 4. Prepare a Trial balance. 5. Prepare a classified balance sheet at, July 31 . 6. As of July 31 , has the financing for DSC's investment in assets primarily come from liabilities or from shareholders' equity