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The following transactions occurred for Lecoy Engineering (i) (Click the icon to view the transactions.) Joumalize the transactions of Leroy Engineering. Include an explanation with
The following transactions occurred for Lecoy Engineering (i) (Click the icon to view the transactions.) Joumalize the transactions of Leroy Engineering. Include an explanation with each journd entry. Use the following accounts: Cash; Accounts Receivable; Offce Supplios; Equipment; Accounts Payable; Notes Payable; Common Stock Dividends; Service Revenue; and Utilies Expense, (Recond debits frat, then credits. Select the explanabion on fthe last line of the journal entry table) July 2: Received $13,000 contribution from John Leroy in exchange for common stock. More info Jul. 2 Received $13,000 contribution from John Leroy in exchange for common stock. Jul. 4 Paid utilities expense of $400. Jul. 5 Purchased equipment on account, \$1,700. Jul. 10 Performed services for a client on account, $2,200. Jul. 12 Borrowed $7,600 cash, signing a notes payable. Jul. 19 Cash dividends of $350 were paid to stockholders. Jul. 21 Purchased office supplies for $770 and paid cash. Jul. 27 Paid the liability from July 5
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