EXERCISE 3. Marsh Service Company engaged in the following transactions during March, 20X3, its first month of operation. Aug. 1 George Marsh invested $30,000 cash in the business. 3 He purchased equipment for $9,000 on account ELCOR Ltd . 5 He paid cash for supplies RIMI Ltd $600. 10 He performed services for customer Bite Ltd on account, $1,500. 12 He paid $750 on account for the equipment purchased on the August 3. 15 He collected $200 from customer on account. 19 He paid rent expense ABC Ltd of $600. 25He withdrew $700 for personal use. 29 He received a utility bill Clean R Lid for $175. Record these transactions in the journal. Key transactions by date and include an explanation for each entry