Required information [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: Accounts Payable $ 28,200 Buildings Cash 194,000 49,000 Common Stock 145,000 Equipment 157,000 Land 291,000 6,400 Notes Payable (long-term) Retained Earnings Supplies 526,300 14,900 During the month of July, the company had the following activities: a. Issued 5,200 shares of common stock for $520,000 cash. b. Borrowed $112.000 cash from a local bank, payable in two years. c. Bought a building for $207,000, paid $105,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $230,000. e. Purchased supplies for $45,250 on account. Return t 5 Required information Debit Beginning Balance b Ending Balance Beginning Balance d Ending Balance 49,000 ? 120,000 > Equipment 157,000 230,000 387.000 Debit Cash ? * Land Credit 00 520,000 a 105,000 c 230,000 d 686,000 Credit Credit Credit turn to question art 3 of 5 D ints aw 11 Required information Debit Beginning Balance Ending Balance Beginning Balance b Ending Balance Debit ? Land 0x 291,000 291,000 Notes Payable Retained Earnings Credit Credit 64,000 120.000 184,000 Credit Ending Balance Beginning Balance Ending Balance Debit Retained Earnings 563,000 563,000 184,000 Credit