record transactions that occured during the first week into the company journals and post the appropriate entries to the ledger accounts.

Date Transaction description 1 Purchased 19 MX620 Notebook Computers from Pony for $1,440 each, terms net 30 . 1 Obtained a loan of $46,000 from BitiBank 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 13 MePod Multimedia Players from Pear Technology for $380 each, terms 2/10,n/30 3 Purchased 26 Zil Game Consoles with cash for $1,300 each, Check No. 876. 4 Paid the full amount owing to Mega Tech, Check No. 877 . Payment fell outside discount period. 5 Sold 14MX620 Notebook Computers to Handys Electronics for $1,800 each, plus 5% sales tax, Invoice No. 409 5 Paid sales staff wages of $13,110 for the week up to and including yesterday, Check No. 878. Note that $6,500 of this payment relates to the wages expense incurred during the last week of May. 6 Paid the full amount owng to JCN Electrical, Check No. 879. Payment fell outside discount period. 6 Made cash sale of 12 Zil Game Consoles for $2,300 each plus 5% sales tax