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The following transactions occurred for Laughton Engineering: i. (Click the icon to view the transactions.) Revenue; and Utilities Expense. (Record debits first, then credits. Select
The following transactions occurred for Laughton Engineering: i. (Click the icon to view the transactions.) Revenue; and Utilities Expense. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) July 2: Received $9,000 contribution from Bobby Laughton, owner, in exchange for capital. More info \begin{tabular}{ll} \hline Jul. 2 & Received $9,000 contribution from Bobby Laughton, owner, in exchange for capital. \\ Jul. 4 & Paid utilities expense of $440. \\ Jul. 5 & Purchased equipment on account, $2,600. \\ Jul. 10 & Performed services for a client on account, $3,200. \\ Jul. 12 & Borrowed $7,200 cash, signing a notes payable. \\ Jul. 19 & The owner, Bobby Laughton, withdrew $200 cash from the business. \\ Jul. 21 & Purchased office supplies for $800 and paid cash. \\ Jul. 27 & Paid the liability from July 5. \\ \hline \end{tabular} Iulv 1n- Dorforman canirae far a rliont an arraunt 922nn More info Jul. 2 Received $9,000 contribution from Bobby Laughton, owner, in exchange for capital. Jul. 4 Paid utilities expense of $440. Jul. 5 Purchased equipment on account, $2,600. Jul. 10 Performed services for a client on account, $3,200. Jul. 12 Borrowed $7,200 cash, signing a notes payable. Jul. 19 The owner, Bobby Laughton, withdrew $200 cash from the business. Jul. 21 Purchased office supplies for $800 and paid cash. Jul. 27 Paid the liability from July 5. July 21: Purchased office supplies for $800 and paid cash. July 27: Paid the liability from July 5
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