Can you explain each step ( it is solved problem)

t sales will sell for $60 each Sales are collected 70% in the month of nts Receivable in June 2003 will be $10,000. th and 200s the following month. Accounts Payable for Direct 1023). ion. Papments for overhead are done on the same month. of July 2023, princioal poid at the end of 3 years. The loan will have 123 foe 510.000 ber 2023 showing clearly the opening and closing balances for each