!!MAIN QUESTION!!: Record the transaction effects determined in requirement 1 using a journal entry format. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

1. Issued 3,660 shares for $366,000 cash.

2. Borrowed $124,000 cash from a local bank, payable June 30, 2020.

3. Bought a factory building for $216,000; paid $99,000 in cash and signed a three-year note for the balance.

4. Paid cash for equipment that cost $234,000.

5. Purchased supplies for $35,100 on account.

Deliberate Speed Corporation (DSC) 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 3,660 shares for $366,000 cash. b. Borrowed $124,000 cash from a local bank, payable in two years. c. Bought a factory building for $216,000; paid $99,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $234,000. e. Purchased supplies for $35,100 on account. Required: 1. Analyze transactions (a)-(e) to determine their effects on the accounting equation. (Enter any decreases to account balances with a minus sign.)