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ows what is correct or incorrect for the work you have 0 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 Buildings Cash Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Supplies $ 20,000 100,000 36,000 180,000 118,000 200,000 2,000 259,000 7,000 During the month of July, the company had the following activities: a. Issued 4,000 shares of common stock for $400,000 cash. b. Borrowed $100,000 cash from a local bank, payable in two years. c. Bought a building for $182,000; paid $82,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $200,000 e. Purchased supplies for $30,000 on account. 3. Summarize the journal entry effects from part 2 using T-accounts. plete. t 3 of 6 Beg. Bal a. Cash 36.000 400,000 100,000 Supplies 7,000 30,000 Beg Bal e. 20.000 XC 30,000 d b ats End. Bal 486,000 End. Bal 37.000 Beg Bal. d. Equipment 118,000 200,000 Buildings 100,000 182,000 Beg Bal c > End. Bal 318,000 End. Bal 282,000 Land 200,000 Beg Bal. > Beg Bal e. Accounts tayable 20.000 30,000 X End. Bal 200,000 End Bal. 50,000 Beg. Bal b Beg. Bal. Notes Payable 2.000 100,000 100,000 Common Stock 180,000 & 4,000 a C End Bal 202,000 End. Bal 184,000 Retained Earnings 259,000 Beg Bal