Requirements 1 and 2. Post the transactions to the T-accounts. Use the dates as posting references in the T-accounts. Compute the July 31 balance for each account. Use a "Bal" posting reference on the proper side of each account to show the ending balances of the accounts. (For accounts with a $0 balance, make sure to enter "0" in the ap Cash Accounts Payable Service Revenue Accounts Receivable Notes Payable Utilities Expense Office Supplies Common Stock Equipment Dividends Reference . X Date Credit Debit 11,000 Jul. 2 11,000 Jul. 4 390 390 Jul. 5 1,600 1,600 Jul. 10 2,000 2,000 Accounts and Explanation Cash Common Stock Issued common stock for cash. Utilities Expense Cash Paid cash expenses. Equipment Accounts Payable Purchase of equipment on account. Accounts Receivable Service Revenue Performed services on account Cash Notes Payable Borrowed cash by signing note. Dividends Cash Paid cash dividends Office Supplies Cash Purchase of office supplies with cash. Accounts Payable Cash Paid cash on account Jul. 12 7,600 7,600 Jul. 19 350 350 Jul. 21 820 820 Jul. 27 1,600 1,600 Print Done i . More Info July 2 Received $11,000 contribution from Bart Lawrence in exchange for common stock 4 Paid utilities expense of $390. 5 Purchased equipment on account, $1,600. 10 Performed services for a client on account, $2,000. 12 Borrowed $7,600 cash, signing a notes payable. 19 Cash dividends of $350 were paid to stockholders. 21 Purchased office supplies for $820 and paid cash. 27 Paid the liability from July 5. Print Done - X Requirements 1. The following T-accounts for Lawrence Engineering have been opened for you: Cash; Accounts Receivable: Office SuppliesEquipment, Accounts Payable; Notes Payable; Common Stock; Dividends Service Revenue; and Utilities Expense. Post the transactions to the T-accounts. Use the dates as posting references in the T-accounts. 2. Compute the July 31 balance for each account. Print Done