Problem 2-3A Preparing General Journal entries LO3, 5 Bruce bach owns Biolech Fithess Centre, which showed the following selected transactions for the month ended May 31, 2023: Hay 1 Purchased now teuineent, bayine cash of $13,460 and signire +90-day note payable for the balance of $26,000. 2 Burchased 12 eonths of inswrance to beein May 2; poid 320, 400. 3 Cossieted a fitness contract for a grow of clients today and received \$3,400. 4 Purchased office supplies in acceunt, \$3, Ase. 6. Heturned to the swoplien 3690 of defective affice supplies purchased on May 4. to Nrovided cervices to a client today on account; $10,900. is Naid for the Hay a purchase less the return of May 6 . 20 Feceived bayeent from the elient of 1 iny 10. 23 teceived cash of 13,900 froe a client for work to be done in hame, 21 Faid enenthend salaries of 341,000 . 11 Fatd the Kay telephoon bill todays Mi, 950 . 31 Heceived the Hay electrical bit1 todey; 57,400,11 will be paid on fore 15 . Required: Prepare journal entries for each of the above transactions. Wilm Schmidt, the ownet of Wilm's Window Washing Services, had difficulty getting the debits to equal credits on the January 3 . 2023, trial balance. The following errors were discovered: o. Schmidt did not post a $4,900 purchase of equipment on credit. b. In posting a $1,850 collection from a credit customer, Schmidt debited Accounts Recelvable and credited Cash. c. In posting a cash receipt, Schmidt correctly debited Cash for $2,660 but incorrectly credited Accounts Receivable for $6,260. d. In posting a $4,900 payment on account, Schmidt debited Accounts Payable but forgot to post the credit to Cash. e. In posting the entry for services of \$2.700 performed for a customer on credit, Schmidt debited Accounts Recelvable but credited Maintenance Expense