M3-6 (Static) Recording Accrual Basis Expenses (LO 3-3] The following transactions are July activities of Bill's Extreme Bowling, Incorporated, which operates several bowling centers. a. Bill's paid $1,500 to plumbers for repairing a broken pipe in the restrooms. b. Bill's paid $2,000 for the June electricity bill and received the July bill for $2,500, which will be paid in August. c. Bill's paid $5,475 to employees for work in July. Required: Prepare journal entries to record the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Answer is complete but not entirely correct. No Transaction General Journal Debit Credit 1 a 1,500 > Repairs and Maintenance Expense Cash 1,500 2 b(1) Accounts Payable Cash lo 2,000 2,000 3 b(2). x 2,500 Notes Payable (short-term) Accumulated Depreciation x 2,500 4 C. 5,475 Salaries and Wages Expense Cash 5,475