false&cid=6007693¢erwineyes Homework: Chapter 2 Homework Cameron Ireland & 06/08/20 935 PM Cour Hi, Cameron 5 Score: 0 of 7 pts Save 7 of 11 (5 complete) E2-16 (similar to) HW Score: 26.32%, 15 of 57 pts Question Help The following transactions occurred for Lexington Engineering: (Click the icon to view the transactions.) Journalize the transactions of Lexington Engineering. Include an explanation with each journal entry. Use the following accounts: Cash Accounts Receivables Office Supplies: Equipment; Accounts Payable; Notes Payable; Common Stock; Dividends: Service Revenue; Utilities Expense. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) July 2: Received $18,000 contribution from Sam Lexington in exchange for common stock Date Accounts and Explanation Debit Credit Jul. 2 Incontri lartol (0/2) Hartol (0/5) Check Answer T Choose from any list or enter any number in the input fields and then click Check Answer. Clear All 7 Pemaining This course (ACC120 MONO1) is based on Nobles: Horngren's Financial & Managerial Accounting, Financial Chapters, 6e TO 7 of 11 (5 complete) HWS 5 ) ms occurred for Lexington Engineering: ew the transactions.) ons of Lexington Engineering. Include an explanation with each journal entry. Use the following accounts: Cash; A Accounts Pavable: Notes Pavable. Common Stock Dividends: Service Revenue: Litilities Eynense (Record dehits line of the More Info 000 contri AL Jul. 2 Received $18,000 contribution from Sam Lexington in exchange for common stock 4 Paid utilities expense of $390. 5 Purchased equipment on account, $1,800. 10 Performed services for a client on account, $2,500. 12 Borrowed $6,500 cash, signing a notes payable. 19 Cash dividends of $550 were paid to stockholders. 21 Purchased office supplies for $770 and paid cash. 27 Paid the liability from July 5. Print Done Check any list or enter any number in the input fields and then click Check Answer. Clear All g CC120 MON01) is based on Nobles: Horngren's Financial & Managerial Accounting, Financial Chapters, 6e 20,472 8