Required informetion PA2-2 (Algo) Recording Transactions (in a Journal and T-Accounts); Preparing a Trial Balance; Preparing and Interpreting the Balance Sheet [LO 2-1, LO 2-2, LO 2-3, LO 2-4, LO 2-5] The following information applies to the questions displayed below] 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 6.100 shares of common stock for $610,000cash. b. Borrowed $114,000 cash from a local bank, payable in two years c. Bought a building for $272,250; paid $84,250 in cash and signed a three-year note for the balance. d Paid cash for equipment that cost $238,000 e. Purchased supplies for $31,250 on account A2-2 (Algo) Part 2 Record the transaction effects determined in part 1 using a journal entry format. (If no entry is required for o transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet