Journalize the transactions of lambert 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 $18,000 contribution from bobby lambert in exchange for common stock. july 4: paid utilities expense of $380. july 5: purchased equipment on account, $1,700. july 10: performed services for a client on account $2,500. july 12: borrowed $7,600 cash, signing a notes payable. july 19: cash dividends of $650 were paid to stockholders. july 21: purchased office supplies for $870 and paid cash. july 27: paid the liability from july 5.