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In: AccountingDateplease white general ledger : cash at bank, accounts receivable,inventory,account payable, bank loan payable,...Dateplease white general ledger : cash at bank, accounts receivable,inventory,account payable, bank loan payable,Transaction description1Obtained a loan of $48,000 fromMRMC Bank at a simple interest rate of 6% per year. The firstinterest payment is due at the end of August 2018 and the principalof the loan is to be repaid on 1 June 2021.2Sold 9 boxes of Sprearmint Gum toSweet Tooth for $100 each, Invoice No. 201.3Purchased 17 boxes of SprearmintGum from Brennan Imports Group for $60 each, terms net 30.3Paid the full amount owing toRestlay, Cheque No. 903?$2942) . Payment fell within discountperiod.4Paid the full amount owing toGillard Wholesalers, Cheque No. 904($2261) . Payment fell withindiscount period.4Made cash sales of $5,896 duringthe first 4 days of the month.4Purchased 17 boxes of HazelnutToffee with cash for $50 each, Cheque No. 905.5Purchased 22 boxes of Party Mix from East Tangiers Cooperativefor $40 each, terms 2/10, n/30.