Question: can someone please help me with this accounting problem? Bearings & Brakes Corporation (B&B) was incorporated as a private company. The company's accounts included the

can someone please help me with this accounting problem?

the following at June 30: Accounts Payable Buildings Cash Common Stock Equipment

Bearings & Brakes Corporation (B&B) was incorporated as a private company. The company's accounts included the following at June 30: Accounts Payable Buildings Cash Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Supplies $ 50,000 500,000 90,000 170,000 148,000 444,000 5,000 966,000 9,000 During the month of July, the company had the following activities: a. Issued 6,000 shares of common stock for $600,000 cash. b. Borrowed $60,000 cash from a local bank, payable in four years. c. Bought a building for $166,000; paid $66,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $90,000. e. Purchased supplies for $90,000 on account Cash Supplies Beg. Bal. Beg. Bal. a. b. C. # 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. S End. Bal. End. Bal. Common Stock Notes Payable Beg. Bal. Beg. Bal. End. Bal. End. Bal. Retained Earnings Beg. Bal. End. Bal. Bearings & Brakes Corporation (B&B) was incorporated as a private company. The company's accounts included the following at June 30: Accounts Payable Buildings Cash Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Supplies $ 50,000 500,000 90,000 170,000 148,000 444,000 5,000 966,000 9,000 During the month of July, the company had the following activities: a. Issued 6,000 shares of common stock for $600,000 cash. b. Borrowed $60,000 cash from a local bank, payable in four years. c. Bought a building for $166,000; paid $66,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $90,000. e. Purchased supplies for $90,000 on account Cash Supplies Beg. Bal. Beg. Bal. a. b. C. # 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. S End. Bal. End. Bal. Common Stock Notes Payable Beg. Bal. Beg. Bal. End. Bal. End. Bal. Retained Earnings Beg. Bal. End. Bal

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