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(Solved): The following transactions occurred for Lawrence Engineering: (i) (Click the icon to view the transa ...



The following transactions occurred for Lawrence Engineering: (i) (Click the icon to view the transactions.) (Click the icon to view the journal entries.) Read the requirements: Requirement 1. Post the journal entries 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 2 nd. Received

$14,000

contribution from Brett Lawrence, owner, in exchange for capital. We will post to the accounts one transaction at a time. Post only the transaction from July 2 in this step.) More into Jul. 2 Received

$14,000

contribution from Brett Lawrence, owner, in exchange for capital. Jul. 4 Paid utilities expense of

$370

. Jul. 5 Purchased equipment on account, $1,600. Jul. 10 Performed services for a client on account,

$2,900

. Jul. 12 Borrowed

$7,100

cash, signing a notes payable. Jul. 19 The owner, Brett Lawrence, withdrew

$200

cash from the business: Jul. 21 Purchased office supplies for

$840

and paid cash. Jul. 27 Paid the liability from July 5 . Reference Reference

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