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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 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.

c$.$ Bought 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.Record the transaction effects determined in part $1$ 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 $6,200$ shares of common stock for $$620,000$ cash.

Record the transaction.

$2$ Borrowed $$182,000$ cash from a local bank, payable in

two years. Record the transaction.

$3$ Bought a building for $$258,250$; paid $$82,250$ in cash

and signed a three$-$year note for the balance. Record the

transaction.

Credit

$4$ Paid cash for equipment that cost $$210,000.$ Record the

transaction.

$5$ Purchased supplies for $$47,250$ on account. Record the

transaction.