CONTO VIEW die udlid Joumalize the transactions of Lambert Engineering, Include an explanation with each journal entry. Use the following accounts: Cash: Supplies, Equipment Accounts Payable, Notes Payable; Common Stock Dividends: Service Revenue, Utilities Expense. (Record debit explanation on the last line of the journal entry table) July 2. Received $8,000 contribution from Brian Lambert in exchange for common stock Date Accounts and Explanation Debit Jul 2 Credit Jan. 7. Purchased a building with a market value of $120,000, and land with a market value of $21,000. The business paid $40,000 cash and signed a note payable to the bank for the remaining amount Date Accounts Credit Jan 7 Building Land Notes Payable Debit 120,000 21.000 10,000 21,000