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pter 2 (Part B) Assignment 2 Saved Deliberate Speed Corporation (DSC) was incorporated as a private company. The company's accounts included the following at
pter 2 (Part B) Assignment 2 Saved Deliberate Speed Corporation (DSC) was incorporated as a private company. The company's accounts included the following at June 30 eBook feunces Accounts Payable. $ 11,000 Land $201,000 Factory Building 100,300 26,300 Contributed Capital 151,000 Notes Payable (long-term) Retained Earnings Supplies 2,200 259,500 7,100 Equipment 119,000 Cash During the month of July, the company had the following transactions a. Issued 3.980 shares for $398.000 cash. b. Borrowed $92.000 cash from a local bank, payable in two years. 4 c. Bought a factory building for $184,000; paid $83,000 in cash and signed a three-year note for the balance d. Paid cash for equipment that cost $202,000. e Purchased supplies for $30.300 on account Required: 1. Analyze transactions (elle) to determine their effects on the accounting equation (Enter any decreases to account balances with a minus sign) Transaction Assets Liabilities Shareholders' Feuzy Help Sav
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