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 $94,000 670,000 107,000 340,000 182,000 529,000 10,000 1,051,000 Land Notes Payable (long-term) Retained Earnings Supplies 7,000 During the month of July, the company had the following activities: a. Issued 4,600 shares of common stock for $460,000 cash. b. Borrowed $145,000 cash from a local bank, payable in four years. c. Bought a building for $200,000; paid $83,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $107,000. e. Purchased supplies for $107,000 on account. Required information Journal entry worksheet 1 2 3 4 5 Issued 4,600 shares of common stock for $460,000 cash. Record the transaction. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal > Journal entry work < 1 3 4 5 Borrowed $145,000 cash from a local bank, payable in four years. Record the transaction. Note: Enter debits before credits. Transaction b General Journal Debit Credit Record entry Clear entry View general journal > Required infor Journal entry worksheet < 1 2 4 5 Bought a building for $200,000; paid $83,000 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 $107,000. 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 5 D Purchased supplies for $107,000 on account. Record the transaction. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal