Problem 2 The following cash transactions of Mari Distributors occurred during the month of June 2018. The entity uses cash receipts and cash payments journal. June 1 Borrowed P60,000 from the Yu Bank by issuing a 12%, 60-day note payable. Issued OR No. 001 Purchased merchandise, P47,000. Issued check no. 71, Check Voucher No. 001. Sold merchandise, P62,000, issued OR No. 002. Paid an invoice amounting to P28,000 to Y Babe less 2% discount. Issued check no. 72, Check Voucher No. 002. Collected amount due less 3% discount on an invoice of P29,000 from D Nabale. Issued OR No. 003 Collected amount due less 3% discount on an invoice of P22,000 from D Nangyare supplies. Issued OR No. 004 Paid freight charges on sales, P1,000. Issued check no. 73, Check voucher no. 003 Paid for advertising, P3,000. Issued check no. 74, Check voucher no. 004 Paid salaries. P12.000, Issued check no. 75. Check voucher no. 005 Sold merchandise, P33,000. OR no. 005 Paid an invoice amounting to P29,000 to C Gonzaga less 2% discount. Issued check no. 76. Check voucher no. 006 Collected P26,000 past due invoice from Fajardo... OR no. 006 23 Purchased merchandise, P9,000. Issued check no. 77, Check voucher no.007 Paid past due invoice to Dma Sungit, P32,000. Issued check no. 78, check voucher 008. V Abulencia, the owner, withdrew P30,000 from the business. Issued check no.79, check voucher 009 Required: Record the transactions in the cash receipts and cash payments journals. Foot and crossfoot the journals