An examination of the accounts of MSLE for the month of june revealed the following errors after the transactions were journalized and posted$1.$ a cheque for $2250$ from J$.$ Bieber. a customer on account, was debited to cash $2250$ and credited to service revenue $22502.$ a payment for rent expense costing $$380$ was debited to Utilities expense $$250$ and credited to cash $$2503.$ a bill for $$640$ for office supplies purchased on account was debited to office equipment, $$460$ and credited to accounts payable $$460$InstructionsPrepare the correcting entries for each of the above, assuming the erroneous entries were not reversed. Explain how the transaction as originally recorded affected profit for the month of June $($put under the error a journal explanation$)$