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journalize the transactions of lawrence engineering. include an explanation with each journal entry. PART Homework:Chapter 2 Homework Save cou Score: 0.2 of 4 pts 1

journalize the transactions of lawrence engineering. include an explanation with each journal entry. image text in transcribed
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PART Homework:Chapter 2 Homework Save cou Score: 0.2 of 4 pts 1 of 5 (3 complete) HW Score: 41 % , 8.2 of 20 pts E2-16 (book/static) EQuestion Help he 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 joumal entry. Use the following accounts: Cash; Accounts Receivable; Office Supplies; Equipment, Accounts Payable; Notes Payable; Common Stock; Dividends; Service Revenue; and Utities Expense. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) July 2: Received $14,000 contribution from Brett Lawrence in exchange for common stock Accounts and Explanation Debit Credit Date ext Cash 14,000 Jul. 2 Librai 14,000 Common Stock source udy Issued common stock for cash. Choose from any list or enter any number in the input fields and then click Check Answer ation T parts remaining Check Answer Clear All P00mar torruray LO ng. Inc yable; table.) iMore Info - X ce elect Jul. 2 Received $14,000 contribution from Brett Lawrence in exchange for common awrend stock. anatio 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 input Print Done Clear All Check

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