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. Purchased 5 Zii Game Consoles with cash for $110 each, Cheque No. 903. 2 3 Paid the full amount owing to Pony, Cheque No. 904. Payment fell within discount period. 4 Paid the full amount owing to Big Telco, Cheque No. 905. Payment fell within discount period. 4 6 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. ating th you should know how to record basic tr