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Week 1\ Date Transaction description\ 1 Purchased 19 MePod Multimedia Players from Pear Technology for

$360

each, terms net 30.\ 1 Obtained a loan of

$46,000

from BitiBank at a simple interest rate of

6%

per year. The first interest\ 2. payment is due at the end of August 2024 and the principal of the loan is to be repaid on June 1,2027.\ 2 Paid the full amount owing to JCN Electrical, Check No. 798. Payment fell outside discount period.\ 3 Paid the full amount owing to Big Telco, Check No. 799. Payment fell outside discount period.\ 3 Purchased 21 Mieca Camera Lenses with cash for

$400

each, Check No. 800.\ 4 Purchased 12 MX620 Notebook Computers from Moon Megasystems for

$1,020

each, terms

(2)/(10)

,

(n)/(30)

\ 5 Sold 13 MePod Multimedia Players to Hypertronics for

$620

each, plus

5%

sales tax, Invoice No. 437.\ 5 Made cash sale of 15 Mieca Camera Lenses for

$800

each plus

5%

sales tax.\ 6 Paid sales staff wages of

$13,109

for the week up to and including yesterday, Check No. 801. Note that

$6,500

of this payment relates to the wages expense incurred during the last week of May.

Date Transaction description 1 Purchased 19 MePod Multimedia Players from Pear Technology for $360 each, terms net 30. 1 Obtained a loan of $46,000 from BitiBank at a simple interest rate of 6% per year. The first interest payment is due at the end of August 2024 and the principal of the loan is to be repaid on June 1, 2027. 2 Paid the full amount owing to JCN Electrical, Check No. 798. Payment fell outside discount period. 3 Paid the full amount owing to Big Telco, Check No. 799. Payment fell outside discount period. 3 Purchased 21 Mieca Camera Lenses with cash for $400 each, Check No. 800. 4 Purchased 12 MX620 Notebook Computers from Moon Megasystems for $1,020 each, terms 2/10, n/30 5 Sold 13 MePod Multimedia Players to Hypertronics for $620 each, plus 5% sales tax, Invoice No. 437. 5 Made cash sale of 15 Mieca Camera Lenses for $800 each plus 5% sales tax. 6 Paid sales staff wages of $13,109 for the week up to and including yesterday, Check No. 801. Note that $6,500 of this payment relates to the wages expense incurred during the last week of May. Date Transaction description 1 Purchased 19 MePod Multimedia Players from Pear Technology for $360 each, terms net 30. 1 Obtained a loan of $46,000 from BitiBank at a simple interest rate of 6% per year. The first interest payment is due at the end of August 2024 and the principal of the loan is to be repaid on June 1, 2027. 2 Paid the full amount owing to JCN Electrical, Check No. 798. Payment fell outside discount period. 3 Paid the full amount owing to Big Telco, Check No. 799. Payment fell outside discount period. 3 Purchased 21 Mieca Camera Lenses with cash for $400 each, Check No. 800. 4 Purchased 12 MX620 Notebook Computers from Moon Megasystems for $1,020 each, terms 2/10, n/30 5 Sold 13 MePod Multimedia Players to Hypertronics for $620 each, plus 5% sales tax, Invoice No. 437. 5 Made cash sale of 15 Mieca Camera Lenses for $800 each plus 5% sales tax. 6 Paid sales staff wages of $13,109 for the week up to and including yesterday, Check No. 801. Note that $6,500 of this payment relates to the wages expense incurred during the last week of May

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