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The following transactions occurred for Leroy Engineering: (Click the icon to view the transactions.) Journalize the transactions of Leroy Engineering. Include an explanation with each
The following transactions occurred for Leroy Engineering: (Click the icon to view the transactions.) Journalize the transactions of Leroy Engineering. Include an explanation with each journal entry. Use the following accounts: Cash; Accounts Receivable; Office Supplies; Equipment; Accounts Payable; Notes Payable; Leroy, Capital; Leroy, Withdrawals; Service Revenue; and Utilities Expense. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) July 2: Received $10,000 contribution from Bert Leroy, owner, in exchange for capital. July 4: Paid utilities expense of $380. More info Received $10,000 contribution from Bert Leroy, owner, in exchange for capital. Paid utilities expense of $380. Purchased equipment on account, $1,700. Performed services for a client on account, $3,500. Borrowed $7,200 cash, signing a notes payable. The owner, Bert Leroy, withdrew $200 cash from the business. Purchased office supplies for $760 and paid cash. Paid the liability from July 5
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