Response to the following problem:
Montoya Tutoring Service completed the following transactions. Journalize the transactions in general journal form, including brief explanations.
Mar. 1 Bought equipment for $5,798 from Teaching Suppliers, paying $3,798 in cash and placing the balance on account, Ck. No. 3230.
10 Paid the wages for the first week of March, $1,536, Ck. No. 3231.
15 Sold services for cash to Mason District, $1,481, Sales Inv. 121.
26 Sold services on account to Tempe School, $1,400, Sales Inv. 122.
31 Paid on account to Teaching Suppliers, $725, Ck. No. 3232.