Week $1$

Date Transaction description

$1$ Issued Check No$.637$ for $$9,700$ to pay Barry White Real Estate for two month's worth of rent in advance.

$1$ Issued Check No$.638$ to Office Supplies Warehouse for the purchase of $$356$ worth of office supplies.

$1$ Obtained a loan of $$53,000$ from BitiBank 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 $1,2029.$

$3$ Made payment of $$750$ to Integer Energy for $3$ months of electricity up to and including May $31,$ Check No$.639.$

$4$ Paid sales staff wages of $$2,437$ for the week up to and including yesterday, Check No$.640.$ Note that $$1,128$ of this payment relates to the wages expense incurred during the last week of May.

$5$ Paid the full amount owing to Addax Sports, Check No$.641.$

$6$ Great Sports paid the full amount owing on their account.