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3 Week 1 Date Transaction description 1 Obtained a loan of $45,000 from BitiBank at a simple interest rate of 6% per year. The first

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3 Week 1 Date Transaction description 1 Obtained a loan of $45,000 from BitiBank at a simple interest rate of 6% per year. The first interest payment is due at the end of August 2022 and the principal of the loan is to be repaid on 1 June 2026. 2 Purchased 5 Zil Game Consoles with cash for $110 each, Cheque No. 903. Paid the full amount owing to Pony, Cheque No. 904. Payment fell within discount period. Paid the full amount owing to Big Telco, Cheque No. 905. Payment fell within discount period. Sold 3 MX620 Notebook Computers to Handys Electronics for $460 each, Invoice No. 201. Purchased 9 Swish Phones from Mega Tech for $80 each, terms net 30. 6 Made cash sales of $8,661 during the first 6 days of the month. 7 Purchased 4 MX620 Notebook Computers from JCN Electrical for $370 each, terms 2/10,n/30. 4 4 6 01 Show All Special Journals General Journal Subsidiary Ledgers General Led SALES JOURNAL Invoice No. Post Ref. Amount Account Date Kselect) Jun Kselect) Jun Kselect) Jun select) Jun PURCHASES JOURNAL Date Account Terms Post Ref. Amount Jun 6 select) Jun 7 select) Jun select) Jun (select) CASH RECEIPTS JOURNAL Note: In order to receive full points, for each transaction you must select an account under the column lat instructions above. Since all transactions in this journal affect the Cash at Bank account, you are asked to these transactions into the Account column so that the type of transaction can be determined by the name Date Account Post Ref. Debit Cash at Discount Bank Allowed Credit Sales Accounts Other Revenue Receivable Accounts select) Jun Jun (select) Jun (select) Jun J(select) Jun (select) Jun select) CASH PAYMENTS JOURNAL Note: In order to receive full points, for each transaction you must select an account under the column labelled 'Acco instructions above. Since all transactions in this journal affect the Cash at Bank account, you are asked to enter then these transactions into the Account column so that the type of transaction can be determined by the name of the acce Debit Credit Date Account Cheque Post Accounts Cash at Discount Payable Purchases Accounts Received Jun No. Ref. Other Bank (select) Jun select) Jun Kselect) Jun (select) Jun (select) Jun select)

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