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Bearings & Brakes Corporotion (B&B) was incorporated as a private company The company's accounts included the following at June 30 . During the month of
Bearings \& Brakes Corporotion (B\&B) 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 activities: a. Issued 3.300 shares of common stock for $330,000 cash b. Borrowed $80,000 cash from a local bank, payable in four years c. Bought a buiding for $174,000, paid $70,000 in cast and signed a thee yeat rote for the batance ci Paid cash for equipment thot cost $94,000. e Purchased supplies for $94,000 on account: Required: 1. Analyze transactions (bf) to determine their effects on the accounticb equation (Enter ony decreoses to account boiancea with a minus sign,)
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