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

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Deliberate 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 octivities a. Issued 4,000 shares of common stock for $400,000 cosh b. Borrowed $100,000 cash from a local bank, payoble in two years. c. Bought a building for $182,000; paid $82,000 in cash and signed a three-year note for the balance. d. Poid cash for equipment that cost $200,000 e. Purchased supplies for $30,000 on account. Required: 1. Analyze transactions (o)(e) to determine their effects on the accounting equation. (Enter any decreases to account balances with a minus sign.) During the month of July, the company had the following activities: a. Issued 4,000 shares of common stock for $400,000 cash. b. Borrowed $100,000 cash from a local bank, payable in two years. c. Bought a building for $182,000; paid $82,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $200,000 e. Purchased supplies for $30,000 on account. Required: Analyze transactions (a)(e) to determine their effects on the accounting equation. (Enter any decreases to account balances with a minus sign.)

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