16 of 26 (23 complete) Score: 0 of 25 pts E2-17 (similar to) The...

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Accounting

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16 of 26 (23 complete) Score: 0 of 25 pts E2-17 (similar to) The following transactions occurred for Laughton Engineering: (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 Bart Laughton in excha Cash Accounts Payable Service Revenue Accounts Receivable Notes Payable Utilities Expense Office Supplies Common Stock Dividends Equipment LIN Choose from any list or enter any number in the input fields and then click Check Answer. A parts o remaining Clear All Reference Accounts and Explanation Debit Credit Date Jul.2 8,000 8,000 Jul. 4 360 360 Jul. 5 2,300 2,300 Jul. 10 Cash Common Stock Issued common stock for cash. Utilities Expense Cash Paid cash expenses. Equipment Accounts Payable Purchase of equipment on account. Accounts Receivable Service Revenue Performed services on account Cash Notes Payable Borrowed cash by signing note. Dividends Cash Paid cash dividends. Office Supplies 2,900 2,900 Jul. 12 6,900 6,900 Jul. 19 550 550 Jul. 21 Print Done Reference hton Engineer (Click the Jul. 4 360 T-accounts. U at a time. Begil Jul 5 2.300 2.300 Jul. 10 2,900 Jul 12 6,900 Utilities Expense Cash Paid cash expenses Equipment Accounts Payable Purchase of equipment on account. Accounts Receivable Service Revenue Performed services on account. Cash Notes Payable Borrowed cash by signing note. Dividends Cash Paid cash dividends Office Supplies Cash Purchase of office supplies with cash. Accounts Payable Cash Paid cash on account Jul. 19 550 Jul. 21 Jul. 27 2,300 the input Print [Dono he dates as posting references in the T-accounts. y posting the event from the 2nd. Received $8,000 contribution from Bart Laughton in exchange for common stock. ints Pa A More Info is Payal July amon St 2 Received $8,000 contribution from Bart Laughton in exchange for common stock. 4 Paid utilities expense of $360. 5 Purchased equipment on account, $2,300. 10 Performed services for a client on account, $2,900. 12 Borrowed $6,900 cash, signing a notes payable, 19 Cash dividends of $550 were paid to stockholders. 21 Purchased office supplies for $790 and paid cash. 27 Paid the liability from July 5. ividend Print Done

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