The following transactions occurred for Leroy Engineering: i (Click the icon to view the transactions.) (Click the icon to view the journal entries.) Read the requirements. Requirement 1. Post the transactions to the T-accounts. Use the dates as posting references in the T-accounts. We will post to the accounts one transaction at a time.. Begin by posting the event from the 2nd. Received $8,000 contribution from Bill Leroy in exchange for common st Cash Accounts Payable Service Revenue Utilities Expense Accounts Receivable Notes Payable Office Supplies Common Stock Dividends Equipment iMore Info 2 Received $8,000 contribution from Bill Leroy in exchange for common stock. 4 Paid utilities expense of $390. July 5 Purchased equipment on account, $2,300. 10 Performed services for a client on account, $2,000. 12 Borrowed $7,300 cash, signing a notes payable. 19 Cash dividends of $450 were paid to stockholders. 21 Purchased office supplies for $770 and paid cash. 27 Paid the liability from July 5 Accounts and Explanation Date Debit Credit Cash Jul. 2 8,000 8,000 Common Stock Issued common stock for cash Utilities Expense Jul. 4 390 Cash 390 Paid cash expenses. Equipment 2,300 Jul. 5 Accounts Payable 2,300 Purchase of equipment on account Accounts Receivable 2,000 Jul. 10 Service Revenue 2,000 Performed services on account Cash Jul. 12 7,300 Notes Payable 7,300 Borrowed cash by signing note Dividends Jul. 19 450 450 Cash Paid cash dividends Office Supplies Jul. 21 770 Cash 770 Purchase of office supplies with cash. Accounts Payable Jul. 27 2,300 Cash 2,300 Paid cash on account