TB Problem 2-189 (Algo) The following is a list of account balances... The following is a list of account balances for Pick-A-Pet, Incorporated, as of June 30, Year 3: Accounts Payable Accounts Receivable Cash Common Stock Equipment Logo and Trademarks Notes Payable Retained Earnings Software $ 350,400 68,000 733, 100 663,600 58,600 421,800 269,000 118,000 119,500 The company entered into the following transactions during July, Year 3. Stockholders contribute $310,000 cash for additional ownership shares and the company borrows $155,000 in cash from a bank to buy new equipment at a later date. No other transactions took place during July, Year 3. 3 Required: a. Prepare a classified balance sheet for the company at June 30, Year 3. b. Show the effects of the July transactions on the basic accounting equation. c. Prepare the journal entries that would be used to record the transactions. Complete this question by entering your answers in the tabs below. Required A Required B Required c Prepare the journal entries that would be used to record the transactions. (If no entry is required for i Journal Entry Required" in the first account field.) Prepare the journal entries that would be used to record the transactions. (If no entry is required for Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet