During the month of July, the company had the following activities: a. Issued 3,900 shares of...

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During the month of July, the company had the following activities: a. Issued 3,900 shares of common stock for $390,000 cash. b. Borrowed $110,000 cash from a local bank, payable in two years. c. Bought a building for $251,750; paid $92,750 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $243,000. e. Purchased supplies for $30,750 on account. PA2-2 (Algo) Part 4 4. Prepare a trial balance at July 31. During the month of July, the company had the following activities: a. Issued 3,900 shares of common stock for $390,000 cash. b. Borrowed $110,000 cash from a local bank, payable in two years. c. Bought a building for $251,750; paid $92,750 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $243,000. e. Purchased supplies for $30,750 on account. PA2-2 (Algo) Part 4 4. Prepare a trial balance at July 31.