The following transactions occured for Laughton Engineering:

The following transactions occurred for Laughton Engineering: i. (Click the icon to view the transactions.) (Click the icon to view the journal entries.) Read the requirements Requirement 1. Post the transactions to the T-accounts. Use the dates as posting references in the T-accounts We wil post to the accounts one transaction at a time. Begin by posting the event from the 2 nd. Recelved $10,000 contribution from Brett Laughton in exchange for common stock We will post to the accounts one transaction at a time. Post only the transaction from July 2 in this step.) More info Jul. 2 Received $10,000 contribution from Brett Laughton in exchange for common stock. Jul. 4 Paid utilities expense of $420. Jul. 5 Purchased equipment on account, $2,100. Jul. 10 Performed services for a client on account, $3,300. Jul. 12 Borrowed $6,700 cash, signing a notes payable. Jul. 19 Cash dividends of $400 were paid to stockholders. Jul. 21 Purchased office supplies for $760 and paid cash. Jul. 27 Paid the liability from July 5. Reference Requirements 1. The following T-accounts for Laughton Engineering have been opened for you: Cash; Accounts Receivable; Office Supplies; Equipment; 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