included the following at June 30 Accounts Payable Buildings Cash Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Supplies $ 22,500 112,000 52,500 175,000 151,000 290,000 5,650 410,250 7,900 During the month of July, the company had the following activities: a. Issued 5,100 shares of common stock for $510,000 cash. b. Borrowed $183,000 cash from a local bank, payable in two years. C. Bought a building for $210,750; paid $86,750 in cash and signed a three-year note for the balance d. Paid cash for equipment that cost $284,000 e. Purchased supplies for $37000 on account. References PA2-2 Recording Transactions (in a Journal and T-Accounts); Preparing and Interpreting the Balance Sheet [LO 2-2, LO 2-3, LO 2-4, LO 2-5 Section Break value 2.00 points PA2-2 Part 1 Required 1. Analyze transactions (a) e) to determine their effects on the accounting equation. (Enter any decreases to account balances with a minus sign.) Assets Liabilities Stockholder's Equity Notes Accounts Payable Common Retained Earnings Cash Supplies Buildings Equipment Land Stock Beg 52,500 7,900 112,000 151,000 290,000 22,500 5,650 175,000 410,250 . End