! Required information [The following information applies to the questions displayed below.] Bearings & Brakes Corporation (B&B) 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 $61,000 580,000 98,000 250,000 164,000 484,000 13,000 1,006,000 4,000 During the month of July, the company had the following activities. a. Issued 3,700 shares of common stock for $370,000 cash. b. Borrowed $100,000 cash from a local bank, payable in four years. c. Bought a building for $182,000; paid $74,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $98,000. e. Purchased supplies for $98,000 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.)

Required informotion [The following information applies to the questions displayed below] Bearings \& Brakes Corporation (B\&B) 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 activities. a. Issued 3700 shares of common stock for $370,000 cash. b. Borrowed $100,000 cash from a local bank, payable in four years. c. Bought a buiding for $182,000, paid $74,000 in cash and signed a three-year note for the balance. d. Paid cash tor equipment that cost $98,000. e. Purchased supplies for $98,000 on account Required: 1. Analyze transactions (d)(C) to determine theif eftects on the accounting equation (Enter any decreases to occount balances with o minus sign.) Required information [The following information applies to the questions displayed below] Bearings \& Brakes Corporation ( B&B ) 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 activities: a Issued 3,700 shares of common stock for $370,000cash b Borrowed $100.000 cash from a local bank, payable in four years c. Bought a building for $182,000; paid $74,000 in cash and signed a three-year note for the balance. d Paid cash for equipment that cost $98,000 e Purchased supplies for $98,000 on account. Required: 1. Analyze transactions (a)(c) to determine their effects on the accounting equation. (Enter any decreoses to occount balances with o minus sign.)