Transactions from early January 2020 2 Issued Cheque No. 4078 for $1,870 (includes 10% GST) to Discount Office Supplies for the cash purchase of office supplies. 2 Obtained a loan of $18,000 from Uncle Alonso (a family relative of Juliet Bragg) at a simple interest rate of 6% per year, Cheque No. 100, ID #CR000001. The principal and interest on the loan are payable in six months time. 3 Received Cheque No. 250 from Hypertronics for the full amount outstanding on their account, ID #CR000002. 4 Purchased 7 units MePod multimedia players from Pony at $1,265 each (includes 10% GST), Purchase #305, Supplier Inv#719. Issued Cheque No. 4079 for $4,200 to this supplier for this particular invoice at the time of the purchase. 5 Issued Cheque No. 4080 for $6,336 to Big Telco in payment of Purchase #302 (Supplier Inv#293). 6 Sold the following items on credit to Handys Electronics, Invoice # 3576: 4 units BG90 plasma televisions for $2,090 each (includes 10% GST) 4 units ZII game consoles for $1,210 each (includes 10% GST). $6,100 was received immediately, Cheque No. 648, with the rest due to be received during the last week of the month. Note that MYOB automatically assigns ID #CR000003 to this cash receipt