Bearings & Brakes Corporation (B&B) was incorporated as a private company. The company's accounts included the following at June 30: Accounts Payable Buildings Cash Common stock Equipment Land Notes Payable (lone.tern) Retained Earnings Supplies $82,900 610,000 101,000 280,000 378,000 499.000 4,000 1,021,000 7.000 During the month of July, the company had the following activities a. Issued 4,000 shares of common stock for $400,000 cash b. Borrowed $115,000 cash from a local bank payable in four years c Bought a bullding for $188.000, pald $77000 in cash and signed a three-year note for the balance d Paid cash for equipment that cost $101000 e. Purchased supplies for $101000 on occount 3. Summarize the journal entry effects from part 2 using T-accounts Cash Supplies Debit Debit Credit Credit 3. Summarize the journal entry effects from part 2 using T-accounts. Cash Supplies Credit Credit Debit Beginning Balance Debit Beginning Balance Ending Balance Ending Balance Equipment Buildings Credit Credit Debit Beginning Balance Debit Beginning Balance Ending Balance Ending Balance Land Accounts Payable Credit Credit Debit Beginning Balance Debit Beginning Balance