Journalize the transactions of LambertLambert 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 $ 18 comma 000$18,000 contribution from Bobby LambertBobby Lambert in exchange for common stock. Date Accounts and Explanation Debit Credit

Journalize the transactions of Lambert Engineering. Include an explanation with each journal entry. Use the following accounts: Cash; Accounts Receivable; OfficeSupplies; 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 $18,000 contribution from Bobby LambertBobby Lambert in exchange for common stock.

4	Paid utilities expense of $380

5	Purchased equipment on account, $1,700.

10

Performed services for a client on account $2,500

12

Borrowed $7,600 cash, signing a notes payable.

19	Cash dividends of $650 were paid to stockholders

21

Purchased office supplies for $870 and paid cash.

27	Paid the liability from July 5.

Date	Accounts and Explanation	Debit	Credit
Jul. 2