Bearings & Brakes Corporation (B&B) was incorporated as a private company. The company's accounts included th following at June 30: Accounts Payable Buildings Cash Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Supplies $53,000 510,000 91,000 180,000 150,000 449,000 6,000 971,000 10,000 h During the month of July, the company had the following activities: a. Issued 3,000 shares of common stock for $300,000 cash. b. Borrowed $65,000 cash from a local bank, payable in four years. c. Bought a building for $168,000; paid $67,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $91,000. e. Purchased supplies for $91,000 on account. a. Issued 3,000 shares of common stock for $300,000 cash. b. Borrowed $65,000 cash from a local bank, payable in four years. c. Bought a building for $168,000; paid $67,000 in cash and signed a three-year note for the balance d. Paid cash for equipment that cost $91,000. e. Purchased supplies for $91,000 on account. Required: 1. Analyze transactions (a)-(e) to determine their effects on the accounting equation. (Enter any decreases to a minus sign.) Assets Liabilities + Stockholders Equity Common Stock Cash Supplies Buildings Equipment Accounts Payable Notes Payable (long-term) + a b ++++ C d e +