View previous attempt Check my wigh Deliberate Speed Corporation (DSC) was incorporated as a private...
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Accounting
View previous attempt Check my wigh Deliberate Speed Corporation (DSC) was incorporated as a private company. The company's accounts included the following at June 30 ; 10 points 802:50:47 eBook References Accounts Payable Factory Building Cash Contributed Capital. Equipment $16,000 101,800 27,800 186,000 124,000 Land Notes Payable (1ong-term) Retained Earnings Supplies $206,000 3,200 262,000 During the month of July, the company had the following transactions: a. Issued 3,880 shares for $388,000 cash. b. Borrowed $102,000 cash from a local bank, payable in two years. c. Bought a factory building for $194,000; paid $88,000 in cash and signed a three-year note for the balance d. Paid cash for equipment that cost $212,000. e. Purchased supplies for $31,800 on
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