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: Accounts Payable Buildings Cash Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Supplies $ 22,500 112,000 52,500 175,000 151,000 290,000 5,650 410,250 7,900 During the month of July, the company had the following activities: a. Issued 5,100 shares of common stock for $510,000 cash. b. Borrowed $183,000 cash from a local bank, payable in two years. c. Bought a building for $210,750; paid $86,750 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $284,000. e. Purchased supplies for $37,000 on account. 2. 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.) View transaction list Journal entry worksheet 2 3 4 5 Issued 5,100 shares of common stock for $510,000 cash. Record the transaction. Note: Enter debits before credits. Transaction a General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 1 2 4 5 Borrowed $183,000 cash from a local bank, payable in two years. Record the transaction. Note: Enter debits before credits. Transaction b General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 4 5 Bought a building for $210,750; paid $86,750 in cash and signed a three-year note for the balance. Record the transaction. Note: Enter debits before credits. Transaction C General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 5 Paid cash for equipment that cost $284,000. Record the transaction. Note: Enter debits before credits. Transaction d General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 4 Purchased supplies for $37,000 on account. Record the transaction. Note: Enter debits before credits. Transaction e General Journal Debit Credit Record entry Clear entry View general journal