Bearings & Brakes Corporation (B&B) was incorporated as a private company. The companys accounts included the following at June 30:

Accounts Payable	$82,000
Buildings	610,000
Cash	101,000
Common Stock	280,000
Equipment	170,000
Land	499,000
Notes Payable (long-term)	4,000
Retained Earnings	1,021,000
Supplies	7,000

During the month of July, the company had the following activities:

1. Issued 4,000 shares of common stock for $400,000 cash.
2. Borrowed $115,000 cash from a local bank, payable in four years.
3. Bought a building for $188,000; paid $77,000 in cash and signed a three-year note for the balance.
4. Paid cash for equipment that cost $101,000.
5. Purchased supplies for $101,000 on account.

1. Record the transaction effects determined in part 1 using a journal entry format. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

Answer is not complete. \begin{tabular}{|c|c|c|c|c|} \hline No & Transaction & General Journal & Debit & Credit \\ \hline 1 & a & & 43 & \\ \hline & & & & \\ \hline \end{tabular}