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4. The following transactions occurred for Lawrence Engineering: (Click the icon to view the transactions.) Journalize the transactions of Lawrence Engineering. Include an explanation with
4. The following transactions occurred for Lawrence Engineering: (Click the icon to view the transactions.) Journalize the transactions of Lawrence Engineering. Include an explanation with each journal entry. Use the following accounts: Cash: Accounts Receivable: Office Supplies; Equipment, Accounts Payable; Notes Payable: Common Stock: Dividends, Service Revenue; and Utilities Expense. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) July 2: Received S14,000 contribution from Brett Lawrence in exchange for common stock. Date Accounts and Explanation Debit Credit Jul. 2 July 4: Paid utilities expense of $370. Date Accounts and Explanation Debit Credit Jul. 4 (10) July 5: Purchased equipment on account, $1,600. Date Accounts and Explanation Debit Credit Jul. 5 (11) (12) (13) (14) (15) July 10: Performed services for a client on account. $2,900. Date Accounts and Explanation Jul. 10 (16) Debit Credit (20) July 12: Borrowed $7,100 cash, signing a notes payable. Date Accounts and Explanation Credit Jul. 12 (21) July 19: Cash dividends of $200 were paid to stockholders. Date Accounts and Explanation Debit Credit Jul 19 (26) (28) 129) July 21: Purchased office supplies for $840 and paid cash. Date Accounts and Explanation Debit Credit Jul. 21 (31) (34) (35) July 27: Paid the liability from July 5. Accounts and Explanation Debit Credit Jul. 27 (36) (37) (38) (39) (140) 3: More Info Jul 2 Received $14.000 contribution from Brett Lawrence in exchange for common stock. 4 Paid utilities expense of $370. 5 Purchased equipment on account, $1,600. 10 Performed services for a client on account, $2,900. 12 Borrowed $7,100 cash, signing a notes payable. 19 Cash dividends of $200 were paid to stockholders. 21 Purchased office supplies for $840 and paid cash. 27 Paid the liability from July 5. (1) (2) O Accounts Payable O Accounts Receivable O Cash O Common Stock Dividends Equipment O Notes Payable Office Supplies Service Revenue Utilities Expense Accounts Payable Accounts Receivable O Cash O Common Stock Dividends Equipment O Notes Payable O Office Supplies Service Revenue Utilities Expense (3) O Accounts Payable O Accounts Receivable O Cash O Common Stock Dividends Equipment O Notes Payable O Office Supplies O Service Revenue Utilities Expense (4) O Accounts Payable Accounts Receivable O Cash Common Stock O Dividends Equipment Notes Payable Office Supplies O Service Revenue O Utilities Expense (5) O O Borrowed cash by signing note. Issued common stock for cash. O Paid cash dividends. O Paid cash expenses. O Paid cash on account. Performed services on account. O Purchase of equipment on account. O Purchase of office supplies with cash. Received cash on account. Received utility bill. (6) O Accounts Payable O Accounts Receivable O Cash Common Stock Dividends Equipment O Notes Payable Office Supplies Service Revenue Utilities Expense O Accounts Payable O Accounts Receivable O Cash Common Stock Dividends Equipment Notes Payable Office Supplies Service Revenue Utilities Expense (8) O O Accounts Payable Accounts Receivable O Cash Common Stock Dividends Equipment Notes Payable Office Supplies Service Revenue O Utilities Expense (9) O O Accounts Payable Accounts Receivable O Cash O Purchase of office supplies with cash. O Received cash on account. Common Stock O Dividends Equipment O Notes Payable Office Supplies Service Revenue Utilities Expense (10) O O Borrowed cash by signing note. Issued common stack in exchange for cash. O Pald cash dividends. Paid cash expenses. O Paid cash on account. O Performed services on account. O Purchase of equipment on account. (12) O (11) O O Accounts Payable Accounts Receivable O Cash Common Stock Dividends Equipment Notes Payable Office Supplies Service Revenue O Utilities Expense Accounts Payable Accounts Receivable Cash Common Stock Dividends Equipment Notes Payable Office Supplies Service Revenue Utilities Expense (13) O Common Stock O Accounts Payable Dividends O Accounts Receivable O Equipment O Cash Notes Payable Office Supplies Service Revenue O Utilities Expense (14) O O Accounts Payable O Accounts Receivable O Cash Common Stack Dividends Equipment Notes Payable Office Supplies Service Revenue Utilities Expense (15) O O Paid cash expenses. O Borrowed cash by signing note. O Pald cash on account. Issued common stock in exchange for cash. O Performed services on account Paid cash dividends. O Purchase af equipment on account. O Purchase of office supplies with cash. Received cash on account. (16) O O Accounts Payable O Accounts Receivable O Cash O Common Stack Dividends O Equipment Notes Payable O Office Supplies Service Revenue Utilities Expense (17) O Accounts Payable O Accounts Receivable Cash O Common Stock Dividends Equipment Notes Payable O Office Supplies Service Revenue Utilities Expense (18) O Accounts Payable O Accounts Receivable Cash Common Stack Dividends Equipment O Notes Payable O Office Supplies Service Revenue Utilities Expense (19) O O Purchase of office supplies with cash. O Received cash on account. Accounts Payable Accounts Receivable Cash O Common Stock Dividends Equipment O Notes Payable Office Supplies O Service Revenue Utilities Expense (20) O Borrowed cash by signing note. Issued common stock in exchange for cash. O Paid cash dividends. O Paid cash expenses. O Paid cash on account. O Performed services on account. O Purchase of equipment on account. (21) O Accounts Payable O Accounts Receivable Cash Common Stock O Dividends Equipment O Notes Payable Office Supplies Service Revenue O Utilities Expense (22) O Accounts Payable O Accounts Receivable Cash Common Stack Dividends Equipment Notes Payable Office Supplies Service Revenue Utilities Expense (23) O Accounts Payable O Accounts Receivable O Cash O Common Stock Dividends Equipment O Notes Payable O Office Supplies Service Revenue Utilities Expense (24) O Accounts Payable O Accounts Receivable Cash Common Stack Dividends Equipment O Notes Payable Office Supplies Service Revenue Utilities Expense (25) O O Paid cash expenses. Borrowed cash by signing note. O Paid cash on account. Issued common stock in exchange for cash. O Performed services on account Paid cash dividends. O Purchase of equipment on account. O Purchase of office supplies with cash. Received cash on account. (26) O Accounts Payable O Accounts Receivable O Cash O Common Stock Dividends O Equipment Notes Payable O Office Supplies Service Revenue Utilities Expense (27) O Accounts Payable O Accounts Receivable Cash O Common Stock Dividends Equipment Notes Payable O Office Supplies O Service Revenue Utilities Expense (28) O Accounts Payable O Accounts Receivable Cash Common Stock Dividends Equipment Notes Payable Office Supplies Service Revenue Utilities Expense (29) O Accounts Payable O Accounts Receivable Cash O Common Stock Dividends Equipment O Notes Payable O Office Supplies Service Revenue Utilities Expense (30) O O Paid cash expenses. Borrowed cash by signing note. O Paid cash on account. Issued common stock in exchange for cash. O Performed services on account O Paid cash dividends. O Purchase of equipment on account. O Purchase of office supplies with cash. Received cash on account. (31) O Accounts Payable Accounts Receivable O Cash O Common Stock Dividends Equipment O Notes Payable Office Supplies Service Revenue Utilities Expense (32) O O Accounts Payable O Accounts Receivable O Cash 0000 O Common Stock Dividends Equipment O Notes Payable Office Supplies Service Revenue Utilities Expense (33) O O Accounts Payable O Accounts Recevable O Cash Common Stock Dividends Equipment O Notes Payable Office Supplies Service Revenue Utilities Expense (34) O Accounts Payable O Accounts Receivable O Cash O Common Stock Dividends Equipment O Notes Payable Office Supplies Service Revenue Utilities Expense TULOUSAN O Purchase of office supplies with cash. Received cash on account. (35) O Borrowed cash by signing note. Issued common stock in exchange for cash. O Paid cash dividends. O Paid cash expenses. O Paid cash on account. O Performed services on account. O Purchase of equipment on account. (36) O Accounts Payable O Accounts Receivable O Cash O Common Stock Dividends Equipment Notes Payable O Office Supplies Service Revenue O Utilities Expense (37) O O Accounts Payable O Accounts Receivable Cash O Common Stock Dividends Equipment O Notes Payable O Office Supplies Service Revenue O Utilities Expense (38) O Accounts Payable O Accounts Receivable O Cash Common Stock Dividends Equipment O Notes Payable Office Supplies Service Revenue O Utilities Expense (39) O Accounts Payable Accounts Receivable O Cash O Purchase of office supplies with cash. Received cash on account. O Common Stock Dividends Equipment Notes Payable O Office Supplies O Service Revenue O Utilities Expense (40) O O Borrowed cash by signing note. Issued common stock in exchange for cash. O Paid cash dividends. O Paid cash expenses. O Paid cash on account. Performed services on account. O Purchase of equipment on account
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