Week 1
1	Paid the full amount owing to Sports 'R Us, Check No. 603. Payment fell within discount period.
1	Obtained a loan of $50,000 from MRMC Bank at a simple interest rate of 6% per year. The first interest payment is due at the end of August 2017 and the principal of the loan is to be repaid on June 1, 2021.
2	Purchased 13 pairs of Sports Shoes from Good Sports for $57 each, terms net 30.
3	Made cash sales of $5,052 during the first 3 days of the month.
4	Paid the full amount owing to Sport Borders, Check No. 604. Payment fell within discount period.
5	Sold 19 Footballs to The Locker Room for $68 each, Invoice No. 201.
6	Purchased 17 Footballs from Extreme Sports Supplies for $31 each, terms 2/10, n/30.
6	Purchased 17 Football Jerseys with cash for $23 each, Check No. 605. Need help knowing where to post entries recorded in the journals to the appropriate ledger accounts. Thank you