During the month of July, the company had the following activities: a. Issued 6,300 shares of common stock for $630,000 cash. b. Borrowed $163,000 cash from a local bank, payable in two years. c. Bought a building for $204,750; paid $101,750 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $241,000 e. Purchased supplies for $46,500 on account. 3. Summarize the journal entry effects from part 2 using T-accounts.