Deliberate Speed Corporation (DSC) was incorporated as a private company. The companys accounts included the following at June 30:

Accounts Payable	$	28,400
Buildings		114,000
Cash		38,000
Common Stock		215,000
Equipment		162,500
Land		286,000
Notes Payable (long-term)		2,400
Retained Earnings		370,900
Supplies		16,200

During the month of July, the company had the following activities:
a.	Issued 3,900 shares of common stock for $390,000 cash.
b.	Borrowed $110,000 cash from a local bank, payable in two years.
c.	Bought a building for $251,750; paid $92,750 in cash and signed a three-year note for the balance.
d.	Paid cash for equipment that cost $243,000.
e.	Purchased supplies for $30,750 on account. __________________________________________________ _____________________________________________________________________ _____________________________________________________________-- _______________________________________________________ ______________________________________________

Required 1. Analyze transactions (a)-e) to determine their effects on the accounting equation. (Enter any decreases to account balances with a minus sign.) Assets Liabilities Stockholder's Equity Notes Payable Common Accounts Payable Retained Earnings Cash Supplies Buildings Equipment Land Stock Beg 62,500286,000 38,000 390,000 110,000 16,200 114,000 28,400 2,400 215,000 370,900 390,000 110,000 251,750 159,000 243,000 16,200 End 16,200