Analyzing and journalizing transactions

The following transactions occurred for London Engineering:

3 4

2-Jul

Paid utilities expense of $400.

5

Purchased equipment on account, $2,100.

10

Performed service for a client on account, $2,000.

12

Borrowed $7,000 cash, signing a note payable.

19

Sold for $29,000 land that had cost this same amount.

21

Purchased supplies for $800 and paid cash.

27

Paid the liability from July 5.

1 2

Requirement

1. Identify and perform the three steps to record the previously described transactions.