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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 : During the month of July, the company had the following activities: a. Issued 6,600 shares of common stock for $660,000 cash. b. Borrowed $178,000 cash from a local bank, payable in two years. c. Bought a buliding for $235,000; paid $84,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $245,000. e. Purchased supplies for $51,250 on account. Required: 1. Analyze transactions (a)-(e) to determine their effects on the accounting equation. (Enter any decreases to account balances with a minus sign.) During the month of July, the company had the following activities: a. Issued 6,600 shares of common stock for $660,000 cash. b. Borrowed $178,000 cash from a local bank, payable in two years. c. Bought a building for $235,000; paid $84,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $245,000. e. Purchased supplies for $51,250 on account. Required: Analyze transactions (a)-(e) to determine their effects on the accounting equation. (Enter any decreases to account balances with a minus sign.)

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