Required information (The following information applies to the questions displayed below] Athletic Performance Company (APC) was incorporated as a private company. The company's accounts included the following at July 1: Accounts Payable $ 6,350 Buildings 250,000 Cash 6,480 Common Stock 354,000 Equipment 25, 250 108,000 Notes Payable (long-term) 34,500 Retained Earnings Supplies 5,200 During the month of July, the company had the following activities: Land @ V Issued 2,700 shares of common stock for $270,000 cash. b Borrowed $32,750 cash from a local bank, payable in two years. c Bought a building for $236,000 paid $62,000 in cash and signed a three-year note for the balance d Paid cash for equipment that cost $187.000, e Purchased supplies for $13 200 on account Required: 1. Analyze transactions (al-(e) to determine their effects on the accounting equation. TIP: In transaction (c, three different accounts are affected. (Enter any decreases to account balances with a minus sign.) Assets Stockholders' Equity Answer is not complete. abilities Notes Land Accounts Payable Payable [long term) 108,000 6,350 34 500 Cash Supplies Buildings Equipment Common Stock Retained Earnings Beginning Balance 5,200 250.000 25,250 E 354000 270,000 5.400 270,000 32.750 270 000 32.750 - 174 000 00 c 235.000 d 187 000 13200 18.400 13200 19 250 Ending Balance 579 150 486,DOD 212250 508.000 524000 Journal entry worksheet