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The following transactions occurred for Laughton Engineering: (1. (Click the icon to view the transactions.) Journalize the transactions of Laughton Engineering. Include an explanation with

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The following transactions occurred for Laughton Engineering: (1. (Click the icon to view the transactions.) Journalize the transactions of Laughton Engineering. Include an explanation with each journal entry. Use the following accounts: Cash: Accounts Receivable; Office Supplies; Equipment; Accounts Payable; Notes Payable; Laughton, Capital; Laughton, Withdrawals; 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 $8,000 contribution from Bob Laughton, owner, in exchange for capital. More info following accounts: Cash; ughton, Withdrawals; Service Revanue; antry table.)

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