Delberste speed corporations was incorporated as a private company. The company's accounts included following at June 30:

1. Analyze transactions

2. Summarize the journal entry using T accounts

3.prepare a trial balance at july 31

4. Prepare a classified balance sheet at july 31

[The following information applies to the questions displayed below.] Dellberate Speed Corporation (DSC) 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 (long-term) Retained Earnings Supplies $28,200 194,000 49,000 145,000 157,000 291,000 6,400 526,300 14,900 During the month of July, the company had the following activities: a. Issued 5,200 shares of common stock for $520,000 cash. b. Borrowed $112.000 cash from a local bank, payable in two years. c. Bought a building for $207000: paid $105.000 in cash and signed a three-year note for the balance d. Paid cash for equipment that cost $230,000. e. Purchased supplies for $45,250 on account