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Need help filling in the tables below using the data from the first image. Use the following information to answer Exercises E-F:2-16 and E-F:2-17. The
Need help filling in the tables below using the data from the first image.
Use the following information to answer Exercises E-F:2-16 and E-F:2-17. The following transactions occurred for Lawrence Engineering: 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. A B D E F G H I J K L M N + Equity -Equity-Equity D Assets LE Liabilities Equity D D RE D Revenuexpens Dividend 1 NAME: 2 Note-You should always enter your debit before your credit when entering a transaction in the 3 General Journal. 4 5 General Journal 6 Date Account Titles Debit Credit 7 2-Jul Cash 14,000 8 Common stock 14,000 9 10 4-Jul Utilities Expense 370 11 Cash 370 12 13 5-Jul Equiptment 1,600 14 Accounts Payable 1,600 15 16 10-Jul Accounts Recievable 2,900 17 Revenue 2.900 18 19 12-Jul Cash 7,100 20 Notes payable 7,100 21 22 19-Jul 200 23 Common stock 200 24 25 21-Jul 26 27 28 27-Jul 29 30 31 TOTAL 26,170 26,170 32 33 34 Name Assets Liabilities + Equity Cash Note Payable Common Stock Accounts Receivable Accounts Payable Revenue Equipment Utilities Expense Office Supplies Dividends Trial Balance Debit Credit Account Titles Cash Accounts Receivable Supplies Office Equipment Accounts Payable Notes Payable Common Stock Revenue Utilities Expense Dividends TotalStep by Step Solution
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