systems understanding

Borrowed $60,000 from First American Bank and Trust by issuing a two-year note payable (Doc.No.14) with a stated annual interest rate of 5%, Check No. 545 (Doc. No. 8) for $60,000 was received from the bank an deposited. Reviewed the terms and conditions of the note and signed it (Ray Kramer) as the borrower. Received customer purchaser order No. 37225 (Doc. No. 4) in the mail from University of Southern Iowa (USI), approved their credit and shipped the goods. All goods ordered were shipped, except that only 56 shoulder pad sets were available for shipment. Received sales return request No. R8034 (Doc, No. 12) in the mail from Easter Wisconsin University (EWU). The request was approved and the acknowledgment copy mailed to EWU. Borrowed $60,000 from First American Bank and Trust by issuing a two-year note payable (Doc.No.14) with a stated annual interest rate of 5%, Check No. 545 (Doc. No. 8) for $60,000 was received from the bank an deposited. Reviewed the terms and conditions of the note and signed it (Ray Kramer) as the borrower. Received customer purchaser order No. 37225 (Doc. No. 4) in the mail from University of Southern Iowa (USI), approved their credit and shipped the goods. All goods ordered were shipped, except that only 56 shoulder pad sets were available for shipment. Received sales return request No. R8034 (Doc, No. 12) in the mail from Easter Wisconsin University (EWU). The request was approved and the acknowledgment copy mailed to EWU