Required information [The following information applies to the questions displayed beiow] 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 6,600 shares of common stock for $660,000 cash. b. Borrowed $178,000 cash from a local bank, payable in two years. c. Bought a building for $235,000; paid $84,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $245,000. e. Purchased supplies for $51,250 on account. Required: 1. Analyze transactions (o)--(e) to determine theif effects on the accounting equation. (Enter any decreases to account balances with a minus sign.) During the month of July, the company had the following activities: a. Issued 6,600 shares of common stock for $660,000 cash. b. Borrowed $178,000 cash from a local bank, payable in two years. c. Bought a bullding for $235,000; paid $84,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $245,000. e. Purchased supplies for $51,250 on account. Required: 1. Analyze transactions (0) - (e) to determine their effects on the accounting equation, (Enter any decreases to account balances with a minus sign.) 3. Summarize the journal entry effects from part 2 using T-accounts. 1 Required information \begin{tabular}{|l|l|l|l|} \hline & Boginning Balance & & \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline & Boginning Balance & & & \\ \hline & & & & \end{tabular}