Question: What am I doing wrong and why is it incomplete. Help solve. mode: This shows what is correct or incorrect for the work you have

 What am I doing wrong and why is it incomplete. Help
solve. mode: This shows what is correct or incorrect for the work
What am I doing wrong and why is it incomplete. Help solve.

mode: This shows what is correct or incorrect for the work you have comple 2 art 2 of 6 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 Ints 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 2. Record the transaction effects determined in part 1 using a journal entry format. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) Answer is not complete. supplies for $30,000 on account. 2. Record the transaction effects determined in part 1 using a journal entry format. (If no entry is required for a tran select "No Journal Entry Required" in the first account field.) Answer is not complete. No Transaction General Journal Debit Credit 1 a Cash Common Stock 400.000 4,000 2 b Cash Notes Payable (long-term) 100,000 3 182,000 Buildings Cash Notes Payable (long-term) 82,000 100,000 4 d 200,000 Equipment Cash 200,000 5 e 30 000 Supplies Accounts Payable O 30.000

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