Question: Help Save & Exit 2 015129 Bruce bach owns Biotech Fitness Centre, which showed the following selected transactions for the month ended May 31, 2020

 Help Save & Exit 2 015129 Bruce bach owns Biotech Fitness
Centre, which showed the following selected transactions for the month ended May
31, 2020 May 1 Purchased new equipment, paying cash of $13,500 and
signing a 90-day note payable for the balance of $27,000. 2 Purchased
12 months of Insurance to begin May 2; paid 521,000. > Completed
fitness contract for a group of clients today and received $5,500. 4
Purchased office supplies on account; 53,500. 6 Returned to the supplier $700
of defective office supplies purchased on Hay 4. 10 Provided services to
client today on account: $11,000 15 Paid for the May 4 purchase
less the return of May 6. 20 Received payment for the client
of May 10. 25 Received cash of $2.000 from a client for
work to be done in Pune. 31 Pald onth-end salaries of $42.000
11 Pald the Mey telephone bill today. 52,000. 31 Received the way
electrical bill today: $2,600. It will be paid on June 15. Required

Help Save & Exit 2 015129 Bruce bach owns Biotech Fitness Centre, which showed the following selected transactions for the month ended May 31, 2020 May 1 Purchased new equipment, paying cash of $13,500 and signing a 90-day note payable for the balance of $27,000. 2 Purchased 12 months of Insurance to begin May 2; paid 521,000. > Completed fitness contract for a group of clients today and received $5,500. 4 Purchased office supplies on account; 53,500. 6 Returned to the supplier $700 of defective office supplies purchased on Hay 4. 10 Provided services to client today on account: $11,000 15 Paid for the May 4 purchase less the return of May 6. 20 Received payment for the client of May 10. 25 Received cash of $2.000 from a client for work to be done in Pune. 31 Pald onth-end salaries of $42.000 11 Pald the Mey telephone bill today. 52,000. 31 Received the way electrical bill today: $2,600. It will be paid on June 15. Required Prepare journal entries for each of the above transactions Journal entry worksheet Record the purchase of office supplies on account; $3,500. Note: Enter debits before credits Date General Journal Debit Credit May 04, 2020 ew transaction list Journal entry worksheet Record the services provided to a client today on account; $11,000. Note: Enter debits before credits Date May 10, 2020 General Journal Debit Credit w transaction list Journal entry worksheet

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