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 $ 6,600 209,e0e 12,850 Accounts Payable Buildings Cash Common Stock Equipment Land 310,e00 20,250 106,500 40,250 Notes Payable (long-term) Retained Earnings Supplies 8,250 During the month of July, the company had the following activities: a Issued 2,600 shares of common stock for $260,000 cash b Borrowed $41,000 cash from a local bank, payable in two years. c Bought a building for $182,500; paid $49,500 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $166,000 e. Purchased supplies for $17400 on account 3. Summarize the journal entry effects from part 2 using T-accounts. (TIP: Enter the July 1 balances as the month's beginning balan Prev 9 10 11 of 11 Next> search W 3. Summarize the journal entry effects from part 2 using T-accounts. (TIP Enter the July 1 balances as the month's beginning balances) Supplies Cash Beg Bal. Beg Bal End. Bal. End. Bal Equipment Buildings Beg Bal. Beg Bal End Bal End Bal Land Accounts Payable Beg. Bal Beg Bal End Bal End, Bal Notes Payable (long term) Common Stock