Deliberate Speed Corporation (DSC) was incorporated as a private company on June 1, 2017 The company's accounts included the following at June 30, 2017 Accounts Payable Factory Building Cash Contributed Capital Equipment $ 27,000 105,100 31,100 197,000 135,000 Land Notes Payable, due 2019 Retained Earnings Supplies $ 217,000 5,400 267,500 8,700 During the month of July, the company had the following activities: a. Issued 3,660 shares for $366,000 cash. b. Borrowed $124.000 cash from a local bank, payable June 30, 2020. 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.) 1. Analyze transactions (a)-(e) to determine their effects on the accounting equation (Enter any decreases to account balances with a minus sign.) Transaction Assets Liabilities Shareholders' Equity a b 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 account field.) View transaction list Journal entry worksheet 1 2 3 4 5 Issued 3,660 shares for $366,000 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Journal entry worksheet 1 2 3 4 5 Borrowed $124,000 cash from a local bank, payable June 30, 2020. Note: Enter debits before credits Transaction General Journal Debit Credit b Journal entry worksheet 1 2 3 4 5 Bought a factory building for $216,000; paid $99,000 in cash and signed a three-year note for the balance. Note: Enter debits before credits. Transaction General Journal Debit Credit C. Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4 5 Paid cash for equipment that cost $234,000. Note: Enter debits before credits. General Journal Debit Credit Transaction d Record entry Clear entry View general journal Journal entry worksheet