Now that you have finished recording all of the transactions for the month of June, you are ready to perform the end of month posting procedure. The purpose of this end of month posting is to transfer the totals from the special journals to the appropriate general ledger accounts so that the balances in those ledger accounts reflect all of the transactions that occurred throughout the period.

Instructions for end of month posting

1)Total the columns in the special journals. Record the amount in the Total row of each journal.

2)Post the totals of the columns in the special journals to their corresponding ledger account. To confirm that the posting has been performed, a posting reference is recorded in the last row of the special journals. If the total of a column is not required to be posted, you need to record an X in the post reference field for that column.

3)Record the final unadjusted balance of each ledger account in the Unadjusted Balance row of each ledger, even for ledgers with a balance of zero. Although each ledger already has a running balance, the Unadjusted Balance row must still be filled out in order to receive full points.

SALES JOURNAL

Date		Account	Invoice No.	Post Ref.	Accounts Receivable	Cost of Goods Sold
Jun	11	ARC - Turbo Tech	763	110-3	16,264	9,272
Jun	17	ARC - Radio Hut	764	110-5	2,496	1,200
Jun	22	ARC - Radio Hut	765	110-5	127,368	74,304
Jun	27	ARC - Hypertronics	766	110-6	25,792	14,000
Jun		(select)
Jun		(select)
Jun		(select)
Jun		(select)
Total
Post Reference					() / ()	() / ()

PURCHASES JOURNAL

Date		Account	Terms	Post Ref.	Accounts Payable
Jun	8	APC - Pony	net 30	210-6	12,000
Jun	16	APC - Big Telco	2/10, n/30	210-1	20,760
Jun	18	APC - JCN Electrical	net 30	210-5	5,360
Jun	30	APC - Pear Technology	2/10, n/30	210-4	19,376
Jun		(select)	terms...net 30net 72/10 n/30
Jun		(select)	terms...net 30net 72/10 n/30
Jun		(select)	terms...net 30net 72/10 n/30
Jun		(select)	terms...net 30net 72/10 n/30
Total
Post Reference					() / ()

CASH RECEIPTS JOURNAL

Date		Account	Post Ref.	Debit		Credit			Cost of Goods Sold
				Cash	Sales Discounts	Sales Revenue	Accounts Receivable	Other Accounts
Jun	1	Bank Loan Payable	250	48,000				48,000
Jun	3	ARC - Radio Hut	110-5	2,442			2,442
Jun	9	ARC - Handys Electronics	110-1	3,141	349		3,490
Jun	12	Sales Revenue	X	2,808		2,808			1,248
Jun	17	ARC - Hypertronics	110-6	3,600			3,600
Jun	19	Sales Revenue	X	34,848		34,848			25,520
Jun	26	Sales Revenue	X	10,272		10,272			5,856
Jun	27	ARC - Turbo Tech	110-3	26,930			26,930
Jun	29	ARC - Jerry Technology	110-4	3,237			3,237
Jun	29	Sales Revenue	X	14,040		14,040			7,200
Jun		(select)
Jun		(select)
Jun		(select)
Jun		(select)
Jun		(select)
Jun		(select)
Total
Post Reference				()	()	()	()	()	() / ()

CASH PAYMENTS JOURNAL

Date		Account	Check No.	Post Ref.	Debit				Credit
					Accounts Payable	Merchandise Inventory	Wages Expense	Other Accounts	Cash
Jun	1	Prepaid Rent	311	140				9,400	9,400
Jun	4	Wages Payable	312	220			6,530	6,696	13,226
Jun	5	APC - Pony	313	210-6	2,386				2,386
Jun	5	Office Supplies	314	130				339	339
Jun	6	Electricity Payable	315	221				731	731
Jun	11	APC - Moon Megasystems	316	210-2	3,250				3,250
Jun	11	APC - JCN Electrical	317	210-5	3,611				3,611
Jun	11	Wages Expense	318	X			12,905		12,905
Jun	13	APC - Big Telco	319	210-1	4,975				4,975
Jun	18	Wages Expense	320	X			12,707		12,707
Jun	25	Wages Expense	321	X			13,214		13,214
Jun	28	APC - Big Telco	322	210-1	20,760				20,760
Jun	30	Merchandise Inventory	323	X		12,768			12,768
Jun	30	Salary Expense	324	545				4,700	4,700
Jun		(select)
Jun		(select)
Jun		(select)
Jun		(select)
Jun		(select)
Jun		(select)
Total
Post Reference					()	()	()	()	()