The following transactions occurred for Laughton Engineering: i (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; Common Stock; Dividends; Service Revenue; Utilities Expense. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) July 2: Received $15,000 contribution from Bart Laughton in exchange for common stock. More Info Date Accounts and Explanation Debit Credit Jul. 2 Jul. 2 Received $15,000 contribution from Bart Laughton in exchange for common stock. 4 Paid utilities expense of $360. 5 Purchased equipment on account, $2,400. 10 Performed services for a client on account, $3,500. 12 Borrowed $6,700 cash, signing a notes payable. 19 Cash dividends of $650 were paid to stockholders. 21 Purchased office supplies for $830 and paid cash. 27 Paid the liability from July 5. Print Done