Needing help with a Perdisco practice set. Please download and take a look at the Word document I attached. Feel free to suggest price and deadline changes, I'm willing to negotiate or move back deadline if needed.

Week 2 Dat e Transaction description 9 Purchased 13 Swish Phones from JCN Electrical for $384 each, terms net 30. 9 Paid the full amount owing to Pear Technology, Check No. 750. Payment fell outside discount period. 10 Radio Hut paid the full amount owing on their account. Since Radio Hut has been a loyal customer from the day the business commenced, a 10% discount was given for this early repayment. 11 Sold 18 BlueBerry Phones to Pikea for $568 each, Invoice No. 825. 11 Paid sales staff wages of $13,178 for the week up to and including yesterday, Check No. 751. 13 Paid the full amount owing to Pony, Check No. 752. 13 Paid the full amount owing to Moon Megasystems, Check No. 753. 13 Made cash sale of 5 Tony ZIO MLP Projectors for $904 each. Instructions for week 2 1)Record all week 2 transactions in the relevant journals. Note that special journals must be used where applicable. Any transaction that cannot be recorded in a special journal should be recorded in the general journal. 2)Post entries recorded in the journals to the appropriate ledger accounts according to the company's accounting policies and procedures. Note that the relevant totals of the special journals will be posted to the general ledger accounts at the end of the month. You will enter this before you prepare the Bank Reconciliation Statement. 3)Update inventory cards on a daily basis. Please note that any answers from previous pages carried through onto this page (either on the page or in a popup information page) have been reset, if necessary, to the correct answers. Your particular answers from previous pages are no longer shown. Remember to enter all answers to the nearest whole dollar. When calculating a discount, if a discount is not a whole number, round the discount to the nearest whole dollar. Then, to calculate the cash amount, subtract the discount from the original amount. Before pressing the Submit answers button, we recommend that you click the Show All tab and check that all relevant accounting records have been completed. Additional instructions Inventory cards: Each transaction recorded in the inventory cards must be entered in a pair of lines provided. You may be required to record a transaction in a single line or two separate lines within the pair of lines provided. Whether one or two lines are required depends on the unit costs of the items involved in that transaction. If a transaction involves items with the same unit cost, you must record that transaction in a single line. Alternatively, if those items have two different unit costs, you are required to use a separate line within the pair of lines provided for each different unit cost. In order to receive full points, you must not combine two transactions into the one pair of lines. See the Inventory cards ~ May popup below the 'Information from previous pages' heading for an example of how inventory cards are to be completed. Note that you may enter a positive or negative number into the Units and Total Cost columns but all unit costs must be entered as positive numbers into the Unit Cost columns. Remember: Each transaction recorded in a special journal must be entered in one line. In order to receive full points, you must not split up the relevant transaction into more than one line in the special journal. In special journals, some accounting textbooks do not always require a reference to be recorded in the Post Ref. column. In this practice set, in order to receive full points, every transaction entered in a special journal requires an entry in the Post Ref. column. Note that in the special journals, if the account name selected for a transaction corresponds to the heading of one of the columns in that special journal, the post ref is to be recorded as an X. This is because these transactions are not posted on a daily basis. In order to receive full points, you must record only the letter X in the Post Ref. column for these transactions. SALES JOURNAL Accoun Invoice Post Accounts Cost of t Ref. Receivable Goods Sold Date No. Ju (select) n Ju (select) n Ju (select) n Ju (select) n (Q=402.purchasesJournalWeek2) PURCHASES JOURNAL Accoun Date Ju (select) n n Accounts Ref. Payable Terms t Ju Post (select) Ju (select) n Ju (select) n (Q=403.cashReceiptsJournalWeek2) CASH RECEIPTS JOURNAL Note: In order to receive full points, for each transaction you must select an account under the column labeled 'Account', as indicated under the additional instructions above. Since all transactions in this journal affect the Cash account, you are asked to enter the name of the appropriate account credited in these transactions into the Account column so that the type of transaction can be determined by the name of the account entered into this column. Debit Date Account Post Ref. Credit Sales Sales Accounts Other Discounts Revenue Receivable Accounts Cash Ju 1 Bank Loan Payable 250 7 ARC - Handys Electronics 110-5 53,000 53,000 n Ju n Ju (select) n 2,730 2,730 Ju (select) n Ju (select) n Ju (select) n Ju (select) n Ju (select) n (Q=404.cashPaymentsJournalWeek2) CASH PAYMENTS JOURNAL Note: In order to receive full points, for each transaction you must select an account under the column labeled 'Account', as indicated under the additional instructions above. Since all transactions in this journal affect the Cash account, you are asked to enter the name of the appropriate account debited in these transactions into the Account column so that the type of transaction can be determined by the name of the account entered into this column. Date Check Post No. Ref. Account Debit Accounts Merchandis Wages Other Payable e Inventory Expense Accounts Ju 1 Prepaid Rent 745 140 8,000 2 Office Supplies 746 130 537 4 APC - JCN Electrical 747 n Ju n Ju 210-6 3,958 n Ju 4 Wages Payable 748 220 6 Electricity Payable 749 221 6,112 6,669 n Ju 795 n Ju (select) n Ju (select) n Ju (select) n Ju (select) n Ju (select) n Ju (select) n (Q=405.generalJournalWeek2) GENERAL JOURNAL Post Date Account and Explanation Debit Ref. Jun (select) (select) Credit Jun (select) (select) Jun (select) (select) Date Description Ref. Debit Credit Balance Ma 31 Balance y Jun Jun Jun (Q=410-110-1.AcctsRec1_week2) SUBSIDIARY LEDGERS Account: ARC - Radio Hut Account No. 110-1 3,140 DR (Q=410-110-3.AcctsRec3_week2) Account: ARC - Pikea Account No. 110-3 Date Description Ref. Debit Credit Balance Ma 31 Balance y Jun Jun Jun (Q=410-110-6.AcctsRec6_week2) 14,911 DR Account: ARC - Hypertronics Date Description Ref. Debit Credit Balance Ma 31 Balance 4,367 DR y Jun Jun Jun Account No. 110-6 (Q=410-210-1.AcctsPay1_week2) Account: APC - Moon Megasystems Account No. 210-1 Date Description Ref. Debit Credit Balance Ma 31 y Jun Balance 3,893 CR Jun Jun (Q=410-210-2.AcctsPay2_week2) Account: APC - Pear Technology Account No. 210-2 Date Description Ref. Debit Credit Balance Ma 31 y Jun Jun Jun Balance 3,311 CR (Q=410-210-5.AcctsPay5_week2) Account: APC - Pony Account No. 210-5 Date Description Ref. Debit Credit Balance Ma 31 Balance 2,415 CR y Jun Jun Jun (Q=410-210-6.AcctsPay6_week2) Account: APC - JCN Electrical Account No. 210-6 Date Description Ref. Debit Credit Balance Ma 31 y Balance 3,958 CR Jun 4 Repayment CPJ 3,958 0 Jun Jun Jun (Q=420-100.Cash_week2) GENERAL LEDGER Account: Cash Account No. 100 Date Description Ref. Debit Credit Balance Ma 31 y Jun Jun Balance 98,144 DR Jun (Q=420-110.AcctsRecControl_week2) Account: ARC - Accounts Receivable Control Account No. 110 Date Description Ref. Debit Credit Balance Ma 31 Balance y Jun Jun Jun (Q=420-120.Inventory_week2) Account: Merchandise Inventory Account No. 120 31,717 DR Date Description Ref. Debit Credit Balance Ma 31 Balance 135,512 DR y Jun Jun Jun (Q=420-400.SalesRevenue_week2) Account: Sales Revenue Account No. 400 Date Description Ref. Debit Credit Balance Ma 31 y Jun Balance 0 Jun Jun (Q=420-401.SalesReturns_week2) Account: Sales Returns and Allowances Account No. 401 Date Description Ref. Debit Credit Balance Ma 31 y Jun Jun Jun Balance 0 (Q=420-402.SalesDisc_week2) Account: Sales Discounts Account No. 402 Date Description Ref. Debit Credit Balance Ma 31 Balance 0 y Jun Jun Jun (Q=420-500.CostOfSales_week2) Date Description Ref. Debit Credit Balance Ma 31 y Jun Balance 0 Jun Jun Cost of Purchas Goods Balance es Sold Date Total Total Unit Cost Units Total Unit Cost Cost ($) Units Unit Cost Cost Units ($) ($) Cost ($) ($) ($) Ma 31 13 400 5200 17 544 9248 y Jun Jun Jun Jun Account: Cost of Goods Sold Account No. 500 (Q=420-516.WagesExpense_week2) Account: Wages Expense Account No. 516 Date Description Ref. Debit Credit Balance Ma 31 Balance y Jun Jun Jun (Q=430.Inventory1_week2) INVENTORY CARDS Tony ZIO MLP Projectors (Q=430.Inventory3_week2) BlueBerry Phones 0 Purchases Date Units Cost of Goods Sold Unit Total Cost Cost ($) ($) Units Unit Total Cost Cost ($) ($) Balance Units Unit Total Cost Cost ($) ($) 344 20296 M 31 59 ay Ju n Ju n Ju n Ju n (Q=430.Inventory5_week2) Swish Phones Date Purchases Cost of Goods Sold Balance Units Unit Total Cost Cost ($) ($) Units Unit Total Cost Cost ($) ($) Units Unit Total Cost Cost ($) ($) 384 16128 M 31 ay Ju n Ju n Ju n Ju n 42