cycle, recording transactions. On this page of the practice set, you are asked to record transactions that occurred during the first week of June into the company's journals and post the appropriate entries to the ledger accounts. The following transactions occurred throughout the first week of June: Week 1 Date Transaction description 1 Purchased 19 MX620 Notebook Computers from Pony for $1,440 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 2023 and the principal of the loan is to be repaid on June 1, 2027. 3 Purchased 13 MePod Multimedia Players from Pear Technology for $380 each, terms 2/10,n/30 3 Purchased 26 Zii Game Consoles with cash for \$1,300 each, Check No. 876. 4 Paid the full amount owing to Mega Tech, Check No. 877. Payment fell outside discount period. 5 Sold 14MX620 Notebook Computers to Handys Electronics for $1,800 each, plus 5% sales tax, Invoice No. 409. 5 Paid sales staff wages of $13,110 for the week up to and including yesterday, Check No. 878 . Note that $6,500 of this payment relates to the wages expense incurred during the last week of May. 6 Paid the full amount owing to JCN Electrical, Check No. 879. Payment fell outside discount period. 6 Made cash sale of 12Zi Game Consoles for $2,300 each plus 5% sales tax