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Deliberate Speed Corporation (OSC) was incorporated as a private company. The company's accounts included the following at June 30. During the month of July, the

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Deliberate Speed Corporation (OSC) was incorporated as a private company. The company's accounts included the following at June 30. During the month of July, the company had the following transactions: a. Issued 3,600 shores for $360.000 cash b. Borrowed $130,000 cash from a local bank, payable in two years c. Bought a factory busding for $222,000. paid $102,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $240,000 e. Purchased supplies for $36,000 on account. Required: 1. Analyze transactions (0)(e) to determine their effects on the accounting equation. (Enter ony decresses to account bolances with minus sign.)

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