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1 Issued Check No. 771 for $9,500 to pay Blue Blazer Realty for two month's worth of rent in advance. 1 Obtained a loan of
1 Issued Check No. 771 for $9,500 to pay Blue Blazer Realty for two month's worth of rent in advance. 1 Obtained a loan of $43,000 from BitiBank at a simple interest rate of 6% per year. The first interest payment is due at the end of August 2011 and the principal of the loan is to be repaid on June 1, 2015. 3 Issued Check No. 772 to Office Supplies Warehouse for the purchase of $492 worth of office supplies. 4 Paid sales staff wages of $1,829 for the week up to and including yesterday, Check No. 773. Note that $1,149 of this payment relates to the wages expense incurred during the last week of May. 5 The Locker Room paid the full amount owing on their account. 6 Made payment of $767 to PowerGen for 3 months of electricity up to and including May 31, Check No. 774. 7 Paid the full amount owing to Sport Borders, Check No. 775
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