Deliberate 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 $ 25,900 118,000 46,500 200,000 123,000 203,000 3,700 274,700 13,800 During the month of July, the company had the following activities a. Issued 6,100 shares of common stock for $610,000 cash. b. Borrowed $114,000 cash from a local bank, payable in two years c Bought a building for $272,250; paid $84,250 in cash and signed a three-year note for the balance d. Paid cash for equipment that cost $238,000. e. Purchased supplies for $31,250 on account. 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 Earnin Cash Supplies Buildings Equipment Land Stock Beg 46,500 13,800 118,000 123,000203,000 25,900 3,700 200,000 274,700 . End DELIBERATE SPEED CORPORATION Balance Sheet