Required information PA2-2 Recording Transactions (in a Journal and T-Accounts); Preparing a Trial Balance; Preparing and Interpreting the Balance Sheet [LO 2-2, LO 2-3, LO 2-4, LO 2-5) [The following information applies to the questions displayed below) Deliberate Speed Corporation (DSC) was incorporated as a private company. The company's accounts included the following at June 30 Accounts Payable Buildings Cash Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Supplies $ 27,200 142,000 47,750 225,000 128,500 211,000 6,450 283,600 13,000 During the month of July, the company had the following activities a. Issued 6,200 shares of common stock for $620.000 cash b. Borrowed $182,000 cash from a local bank, payable in two years. cBought a building for $258,250, paid $82.250 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $210.000 e. Purchased supplies for $47.250 on account PA2-2 Part 1 Required: 1. Analyze transactions (0)-(e) to determine their effects on the accounting equation (Enter any decreases to account balances with a minus sign.) Cash Supplies Assets Buildings Equipment 142.000 128.500 Land Liabilities Accounts Notes Payable Payable 27,200 6.450 Bog 47.750 Stockholder's Equity Common Retained Stock Earnings 225.000 283.600 13.000 211,000 b C d 0 End