Bearings & Brakes Corporation (B&B) was incorporated as a private company. The company's accounts included the following at June 30 Accounts Payable Buildings Common Stock Equipment Land Notes Payable long-term) Retained Earnings Supplies $ 58,000 550,000 95,000 220,000 150,000 469,000 10,000 991,000 7,000 During the month of July, the company had the following activities a issued 3.400 shares of common stock for $340,000 cash b Borrowed $85,000 cash from a local bank, payable in four years. c Bought a building for $176,000 paid $71,000 in cash and signed a three-year note for the balance d Paid cash for equipment that cost $95,000 e Purchased supplies for $95,000 on account 3. Summanze the journal entry effects from part 2 using T-accounts Supplies Beg Bal Beg Bal End Bal End Bal Saved ter 2 Homework Assignment i Required information a End. Bal End. Bal Buildings Equipment 0 Beg Ball Beg Bal End. Bal End, Bal Land Accounts Payable Beg Bal 0 Beg Bal End. Bal End Bal Notes Payable Common Stock Beg Bal Beg Bail End Bal End Bal Retained Earnings Beg Bal End Bal