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.

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

Cash					Supplies
Beg. Bal.					Beg. Bal.
a.	390,000
End. Bal.	390,000				End. Bal.
Equipment					Buildings
Beg. Bal.					Beg. Bal.
End. Bal.					End. Bal.
Land					Accounts Payable
Beg. Bal.					Beg. Bal.
End. Bal.					End. Bal.
Notes Payable					Common Stock
Beg. Bal.					Beg. Bal.
End. Bal.					End. Bal.
Retained Earnings
Beg. Bal.
End. Bal.