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Required information [ The following information applies to the questions displayed below. ] Deliberate Speed Corporation ( DSC ) was incorporated as a private company.

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Required information
[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 :
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.Analyze transactions (a)-(e) to determine their effects on the accounting equation. (Enter any decreases to account balances with a minus sign.)
\table[[,Assets,=,Liabilities,+,Stockholders' Equity],[,Cash,Supplies,Buildings,Equipment,Land,=,\table[[Accounts],[Payable]],\table[[Notes],[Payable]],+,\table[[Common],[Stock]],\table[[Retained],[Earnings]]],[Beginning Balance,47,750,13,000,142,000,128,500,211,000,=,27,200,6,450,+,225,000,283,600],[a.,,,,,,=,,,+,,],[b.,,,,,,=,,,+,,],[c.,,,,,,=,,,+,,],[d.,,,,,,=,,,+,,],[e.,,,,,,=,,,+,,],[Ending Balance,47,750,13,000,142,000,128,500,211,000,=,27,200,6,450,+,225,000,283,600]]
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