Week $1$

Date Transaction description

$1$ Obtained a loan of $$51,000$ from ZNZ Bank at a simple interest rate of $6\%$ per year. The first interest payment is due at the end of August $2024$ and the principal of the loan is to be repaid on June $1,2028.$

$2$ Purchased $45$ copies of Accidental Accountant with cash for $$29$ each, Check No$.603.$

$3$ Purchased $150$ copies of Barry Plotter and the Accountants Rock from Quickdraw Peak for $$25$ each, terms net $30.$

$3$ Purchased $140$ copies of Barry Plotter and the Goods that Expire from Peachson for $$17$ each, terms $2/10,$ n$/30.$

$3$ Paid the full amount owing to Deterministic Garage, Check No$.604.$ Payment fell within discount period.

$4$ Made cash sales of $$5,894$ during the first $4$ days of the month.

$6$ Paid the full amount owing to Books R Us$,$ Check No$.605.$ Payment fell within discount period.

$7$ Sold $80$ copies of The Breeze on the Pillows to Bovine & Hobbitson for $$35$ each, Invoice No$.501.$