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. 16 Required information Cash Debit Credit Beginning Balance Ending Balance bk t Equipment Debit Credit nces Beginning Balance Ending Balance Debit Beginning Balance Ending Balance Supplies Debit Credit Beginning Balance Ending Balance Buildings Debit Credit Beginning Balance Ending Balance Land Accounts Payable Credit Debit Credit Beginning Balance Ending Balance Notes Payable Common Stock Debit Credit Debit Credit Reninninn Ralance Reninninn Ralance Required information Land Debit Credit Beginning Balance Ending Balance Debit Beginning Balance Ending Balance Accounts Payable Credit Notes Payable Common Stock Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Retained Earnings Debit Credit Beginning Balance Ending Balance Ending Balance