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Put each transaction with the proper journal. general journal sales journal purchases journal cash receipts journal cash payments journal Date Transaction description 1 Obtained a

Put each transaction with the proper journal.
general journal
sales journal
purchases journal
cash receipts journal
cash payments journal image text in transcribed
Date Transaction description 1 Obtained a loan of $41,000 from Earth Bank 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 19 boxes of copies of Barry Plotter and the Goods that Expire from Peachson for $260 each, terms 2/10,n/30 3 Paid the full amount owing to Polar Bear Books, Check No. 878 . Payment fell outside discount period. 3 Purchased 21 boxes of copies of The Breeze on the Pillows with cash for $240 each. Check No 879 4 Purchased 17 boxes of copies of Barry Plotter and the Profits of Revalued Land from Booked Inn for $180 each, terms net 30 . 6 Sold 17 boxes of copies of Barry Plotter and the Profits of Revalued Land to Hoarders for $320 each plus 5% sales tax Invoice No. 491 Made cash sale of 37 boxes of copies of The Breeze on the Pillows for $400 each plus 5% sales tax Paid sales staff wages of $3,723 for the week up to and including yesterday, Check No. 880 Note that $2,000 of this payment relates to the wages expense incurred during the last week of May. Paid the full amount owing to Deterministic Garage. Check No 881 . Payment fell outside discount period

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