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

Accounts Payable	$ 29,800
Buildings	121,000
Cash	53,250
Common Stock	240,000
Equipment	134,500
Land	285,000
Notes Payable (long-term)	3,100
Retained Earnings	332,850
Supplies	12,000

During the month of July, the company had the following activities:

1. Issued 6,300 shares of common stock for $630,000 cash.
2. Borrowed $163,000 cash from a local bank, payable in two years.
3. Bought a building for $204,750; paid $101,750 in cash and signed a three-year note for the balance.
4. Paid cash for equipment that cost $241,000.
5. Purchased supplies for $46,500 on account.

3. Summarize the journal entry effects from part 2 using T-accounts.