Question: summarize the journal entry effects from part 2 using T accounts I have mostly all correct numbers accept in notes payable I can not find

summarize the journal entry effects from part 2 using T accounts

summarize the journal entry effects from part 2 using T accounts I

have mostly all correct numbers accept in notes payable I can not

find the 3rd total. I dont know what I am missing? View

previous attempt [The following information applies to the questions displayed below.] Deliberate

Speed Corporation (DSC) was incorporated as a private company. The company's accounts

I have mostly all correct numbers accept in notes payable I can not find the 3rd total. I dont know what I am missing?

View previous attempt [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 $ 27,800 156,000 58,250 155,000 138,000 262,000 3,250 440,100 11,900 During the month of July, the company had the following activities: a. Issued 5.500 shares of common stock for $550,000 cash. b. Borrowed $135,000 cash from a local bank, payable in two years. c Bought a building for $233,000; paid $90,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $225,000 e Purchased supplies for $54.250 on account 1 a Cash 550.000 Common Stock 550,000 2 b 135,000 Cash Notes Payable (long-term) 135,000 3 233,000 Buildings Cash Notes Payable (long-term) 90,000 143.000 4 d 225,000 Equipment Cash 225.000 5 54,250 e Supplies Accounts Payable 54,250 100 Required information Cash Supplies Debit Credit Debit Credit 0 Beginning Balance 0 Beginning Balance 11,900 54.250 0 e a 58,250 550,000 135,000 0 90,000 225,000 0 0 b 0 0 0 66.150 Ending Balance 428,250 Ending Balance Equipment Buildings Credit Debit Beginning Balance Debit Beginning Balance Credit 0 0 138,000 225,000 156,000 233,000 0 0 0 d 0 0 0 389,000 Ending Balance 363,000 Ending Balance Accounts Payable Land org Required information Accounts Payable Land Credit Debit Credit 0 Debit Beginning Balance 0 Beginning Balance 262,000 27,800 54,250 e 07 0 0 0 0 0 0 82,050 Ending Balance 262,000 Ending Balance Common Stock Notes Payable Credit Debit Credit Debit Beginning Balance 0 0 Beginning Balance 3,250 135,000 b. 0 155,000 550,000 a. 0 0 0 0 0 0 0 138,250 0 705,000 Ending Balance Ending Balance Required information Notes Payable Common Stock Credit Debit Beginning Balance Credit 3,250 135,000 Debit Beginning Balance 0 0 0 0 155,000 550,000 a. 0 0 0 0 0 0 0 138,250 Ending Balance 705,000 Ending Balance Debit Beginning Balance Retained Earnings Credit 0 440,100 0 0 440,100 Ending Balance

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