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The following transactions occurred for Lexington Engineering: a (Click the icon to view the transactions.) Journalize the transactions of Lexington Engineering. Include an explanation with
The following transactions occurred for Lexington Engineering: a (Click the icon to view the transactions.) Journalize the transactions of Lexington Engineering. Include an explanation with each journal entry. Use the following accounts: Cash; Accounts Receivable: Office Supplies: Equipment Accounts Payable; Notes July 2: Received $16.000 contribution from Bert Lexington, owner, in exchange for capital. X More info Jul 2 Received $16,000 contribution from Bert Lexington, owner, in exchange for capital 4 Paid utilities expense of $460. 5 Purchased equipment on account, $1.800. 10 Performed services for a client on account. $3,300. 12 Borrowed $7.300 cash, signing a notes payable. 19 The owner, Bert Lexington, withdrew $250 cash from the business. 21 Purchased office supplies for $830 and paid cash 27 Paid the liability from July 5. Print Done
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