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The following transactions occurred for Lambert Engineering: (Click the icon to view the transactions.) Journalize the transactions of Lambert Engineering. Include an explanation with each

The following transactions occurred for Lambert Engineering: (Click the icon to view the transactions.) Journalize the transactions of Lambert Engineering. Include an explanation with each journal entry. Use the following accounts: Cash; Accounts Receivable, Office Supplies; Equipment, Accounts Payable, Notes Payable; Common Stock; Dividends; Service Revenue; and Utilities Expense. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table) July 2: Received $9,000 contribution from Bill Lambert in exchange for common stock. Date Jul. 2 Accounts and Explanation C Debit Credit r Lambert tions.) Engineeri Service Re More info Jul. 2 Jul. 4 Jul. 5 rom Bill La Jul. 10 ts and Ex Jul. 12 Jul. 19 Jul. 21 Jul. 27 Received $9,000 contribution from Bill Lambert in exchange for common stock. Paid utilities expense of $350. Purchased equipment on account, $2,300. Performed services for a client on account, $2,600. Borrowed $7,600 cash, signing a notes payable. Cash dividends of $600 were paid to stockholders. Purchased office supplies for $840 and paid cash. Paid the liability from July 5. Supplies; Equ entry table.) Print Done

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