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Delberate Speed Corporation (DSC) was incorporated as a private company. The company's accounts included the following at June 30. During the month of July, the

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Delberate Speed Corporation (DSC) 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 transactions a. Issued 3,900 shares for $390,000 cash. b. Borrowed $100,000 cash from a local bank, payable in two years. c. Bought a factory building for $192,000, paid $87,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $210,000. e. Purchased supplies for $31,500 on account: Required: 1. Analyze transactions (a)-(e) to determine their effects on the accounting equation. (Enter any decreoses to account balances with a minus sign.) Delberate Speed Corporation (DSC) 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 transactions a. Issued 3,900 shares for $390,000 cash. b. Borrowed $100,000 cash from a local bank, payable in two years. c. Bought a factory building for $192,000, paid $87,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $210,000. e. Purchased supplies for $31,500 on account: Required: 1. Analyze transactions (a)-(e) to determine their effects on the accounting equation. (Enter any decreoses to account balances with a minus sign.)

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