During the month of July, the company had the following transactions: a. Issued 3,700 shares for $370,000 cash. b. Borrowed $120,000 cash from a local bank, payable in two years. c. Bought a factory building for $212,000; paid $97,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $230,000. e. Purchased supplies for $34,500 on account. . Analyze transactions (a)(e) to determine their effects on the accounting equation. (Enter any decreases to account balances with a minus sign.). Record the transaction effects determined in requirement 1 using a journal entry format. (If no entry is required for a transaction/event, indicate "No journal entry required