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 : 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 bullding 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. 2. Record the transaction effects determined in part 1 using a journal entry format. (If no entry is required for o tronsoction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 45 Issued 4,600 shares of common stock for $460,000 cash. Record the transaction. Note: Enter debuts before credits. Journal entry worksheet 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. Journal entry worksheet 5 Borrowed $145,000 cash from a local bank, payable in four years. Record the transaction. Note: Enter debits before credits. Journal entry worksheet Paid cash for equipment that cost $107,000. Record the transaction. Note: Enter debits before credits. Journal entry worksheet Purchased supplies for $107,000 on account. Record the transaction. Note: Enter debits before credits