Deliberate Speed Corporation (DSC) was incorporated as a private company. The company's accounts included the following at June 30: Accounts Payable Factory Building Cash Contributed Capital Equipment $ 27,000 Land $217,000 105,100 31,100 Notes Payable (long-term) 197,000 Retained Earnings Supplies 5,400 267,500 8,700 135,000 During the month of July, the company had the following transactions: a. Issued 3,660 shares for $366,000 cash. b. Borrowed $124,000 cash from a local bank, payable in two years. c. Bought a factory building for $216.000, paid $99,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $234,000. e. Purchased supplies for $35,100 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.) Transaction a. b. Assets Liabilities Shareholders' Equity d. e. 2. Record the transaction effects determined in requirement 1 using a journal entry format (If no entry is required for a transaction event, select "No journal entry required" in the first eccount field) Journal entry worksheet Issued 3,660 shares for $366,000 cash Tinaction General Journal Dett Credi 3. Summarize the journal entry effects from requirement 2 using T-accounts. Beg. bal. End. bal. Cash Supplies Beg. bal. Factory Building Equipment Beg. bal. Beg. bal. End. bal. End. bal. Land Accounts Payable Beg. bal. Beg. bal. End. bal. End. bal. Notes Payable Contributed Capital Beg. bal. Beg. bal. End. bal. Retained Earnings Beg. bal. End. bal. End. bal