Please check the instructions file surely. Please help. I can pay good.

Instructions for week 1 1)Record all week 1 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 after you prepare the Bank Reconciliation Statement. 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 at bank amount, subtract the discount from the original amount. Additional instructions Displaying selected accounting records: To save space, not all accounting records (e.g. journals and ledgers) will be displayed on every page. However, on each page you can access all accounting records necessary to answer the questions on that page. There are several tabs representing different views of the accounting records. The active tab by default is Show All, but you may also select to view just one particular accounting record by selecting the appropriate tab. If you fill in any accounting records and change the view on the page by selecting a different tab, the information that you have entered will remain in that accounting record and be displayed whenever you can see that accounting record. Before submitting your answers, we recommend that you click the Show All tab and check that all relevant accounting records have been completed. You are required to complete all relevant accounting records before pressing the Submit answers button. Once submitted, you will not be able to return to the page to re-enter or alter your answers. Journals: 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. For certain transactions in special journals, some accounting textbooks do not always require an account to be chosen under the column labeled Account. In this practice set you are required to select an account for each transaction in the special journals. Specifically, in all special journals, under the column labeled Account, you must select the correct account name for each transaction in order to receive full points. Note that for some transactions, this will mean that the account name selected will correspond to the heading of one of the columns in that special journal. For each journal, in the Post Ref. column you will need to correctly type the account number of the account you are posting to. In particular, 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. If a cheque number is not required, you need to fill the appropriate input box with an X. There may be entries in the general journal that require posting to both a control account and a subsidiary ledger. In these cases, after you have posted to both ledgers, you should enter the reference for both the general ledger account and the subsidiary ledger account in the Post Ref. column to indicate that you have posted to both accounts. For example, if the reference number for the control account is 110 and the reference number for the subsidiary ledger account is 110-1, you should type '110/110-1'into the Post Ref. column. General journal entries do NOT require a description of the journal entries. Ledgers: When posting a transaction to a ledger account, under the Description column, please type the description of the transaction directly into the field. The exact wording does not matter for grading purposes. For example, it does not matter in an electricity transaction if you type 'Paid for electricity' or 'Paid electricity bill'. For each ledger, under the Ref. column, you need to select the correct journal from a list in the drop-down box provided in order to receive full points. If the balance of a ledger account is zero you do not need to select a debit or credit from the drop-down box. Each transaction posted to the subsidiary ledgers 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 subsidiary ledger. Both journals and ledgers: Most journals and ledgers will have blank rows left at the end of the page. Some journals and ledgers may not require any entries. Week 1 Dat e Transaction description 1 Obtained a loan of $58,000 from MRMC Bank at a simple interest rate of 6% per year. The first interest payment is due at the end of August 2016 and the principal of the loan is to be repaid on 1 June 2020. 2 Paid the full amount owing to Jordo Gourmet Coffee, Cheque No. 903. Payment fell within discount period. 2 Sold Organic Chocolate Cream Liqueur to Con's Coffee for $250, Invoice No. 201. 3 Purchased Coffee Cup Lids from Dominga Wholesalers for $170, terms net 30. 3 Made cash sales of $4,748 during the first 3 days of the month. 3 Purchased 8 packages of Plastic Coffee Mugs with cash for $149 each, Cheque No. 904. 5 Paid the full amount owing to Croup Coffee, Cheque No. 905. Payment fell within discount period. 6 Purchased Gourmet Cubed Sugar from Buena Vista Coffee for $302, terms 2/10, n/30. You can find the instructions on this link. http://www.mediafire.com/download/55ljklkd96uih5n/instructions.docx Using the above transactions and instructions, please fill the below journals. I have filled some. Please correct them if required. SALES JOURNAL Date Account Ju n ARC - Con's Coffee (select) Ju n (select) Ju n (select) Ju n (select) Invoic e No. Pos t Ref. Amoun t (Q=302.purchasesJournalWeek1) PURCHASES JOURNAL Date Ju n Account APC - Dominga Wholesalers (select) Terms Pos t Ref. Amoun t Ju n APC - Buena Vista Coffee (select) Ju n (select) Ju n (select) (Q=303.cashReceiptsJournalWeek1) CASH RECEIPTS JOURNAL Note: In order to receive full points, for each transaction you must select an account under the column labelled 'Account', as indicated under the additional instructions above. Since all transactions in this journal affect the Cash at Bank 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 Accoun t Ju n (select) Ju n (select) Ju n (select) Ju n (select) Ju n (select) Ju n (select) Post Ref. Cash at Bank Discoun t Allowed Credit Sales Revenu e Accounts Receivabl e Other Account s (Q=304.cashPaymentsJournalWeek1) CASH PAYMENTS JOURNAL Note: In order to receive full points, for each transaction you must select an account under the column labelled 'Account', as indicated under the additional instructions above. Since all transactions in this journal affect the Cash at Bank 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 Accoun t Ju n (select) Ju n (select) Ju n (select) Ju n (select) Ju n (select) Ju n (select) Chequ e No. Debit Post Ref. Account s Payable Purchase s Credit Other Account s Cash at Bank Discount Receive d (Q=305.generalJournalWeek1) GENERAL JOURNAL Date Pos t Ref. Account and Explanation Ju n Debi t Credi t (select) (select) Ju n (select) (select) Ju n (select) (select) (Q=310-110-3.AcctsRec3_week1) SUBSIDIARY LEDGERS Account: ARC - Con's Coffee Account No. 110-3 Date Description Ref. Debit Credit Balance Ma y 31 Balance 3,921 DR Jun Jun Jun (Q=310-210-1.AcctsPay1_week1) Account: APC - Buena Vista Coffee Account No. 210-1 Date Ma y Description Ref. Debit Credit 31 Balance Balance 2,747 CR Jun Jun Jun (Q=310-210-2.AcctsPay2_week1) Account: APC - Croup Coffee Account No. 210-2 Date Ma y Description 31 Balance Ref. Debit Credit Balance 2,826 CR Jun Jun Jun (Q=310-210-3.AcctsPay3_week1) Account: APC - Dominga Wholesalers Account No. 210-3 Date Ma y Description Ref. Debit Credit 31 Balance Balance 3,056 CR Jun Jun Jun (Q=310-210-4.AcctsPay4_week1) Account: APC - Jordo Gourmet Coffee Account No. 210-4 Date Ma y Description Ref. Debit Credit 31 Balance Balance 3,026 CR Jun Jun Jun (Q=320-100.CashAtBank_week1) GENERAL LEDGER Account: Cash at Bank Account No. 100 Date Ma y Jun Jun Description 31 Balance Ref. Debit Credit Balance 20,899 DR Jun (Q=320-110.AcctsRecControl_week1) Account: ARC - Accounts Receivable Control Account No. 110 Date Ma y Description Ref. Debit Credit 31 Balance Balance 12,615 DR Jun Jun Jun (Q=320-120.Inventory_week1) Account: Inventory Account No. 120 Date Ma y Description Ref. Debit Credit 31 Balance Balance 74,582 DR Jun Jun Jun (Q=320-210.AcctsPayControl_week1) Account: APC - Accounts Payable Control Account No. 210 Date Ma y Description 31 Balance Ref. Debit Credit Balance 13,877 CR Jun Jun Jun (Q=320-250.LoanPayable_week1) Account: Bank Loan Payable Account No. 250 Date Ma y Description Ref. Debit Credit Balance 31 Balance 0 Jun Jun Jun (Q=320-400.SalesRevenue_week1) Account: Sales Revenue Account No. 400 Date Ma y Description Ref. Debit Credit Balance 31 Balance 0 Jun Jun Jun (Q=320-402.DiscountRecd_week1) Account: Discount Received Account No. 402 Date Description Ref. Debit Credit Balance Ma y 31 Balance 0 Jun Jun Jun (Q=320-500.Purchases_week1) Account: Purchases Account No. 500 Date Ma y Description Ref. Debit Credit Balance 31 Balance 0 Jun Jun Jun (Q=320-573.DiscountAllowed_week1) Account: Discount Allowed Account No. 573 Date Ma y Jun Jun Jun Description 31 Balance Ref. Debit Credit Balance 0 These are the options that show in select category for accounts. XClear account selection 100 Cash at Bank 102 Short-term Investments 110 ARC - Accounts Receivable Control 110-1 ARC - Central Coffee 110-2 ARC - KavaJava 110-3 ARC - Con's Coffee 110-4 ARC - Revamp Coffee Carts 110-5 ARC - Quick Bolt Coffee 110-6 ARC - SloZone 112 Interest Receivable 120 Inventory 130 Office Supplies 140 Prepaid Rent 141 Prepaid Advertising 142 Prepaid Insurance 150 Cash Registers 151 Accum Depn: Cash Registers 160 Store Fixtures 161 Accum Depn: Store Fixtures 210 APC - Accounts Payable Control 210-1 APC - Buena Vista Coffee 210-2 APC - Croup Coffee 210-3 APC - Dominga Wholesalers 210-4 APC - Jordo Gourmet Coffee 210-5 APC - Abejundio Coffee 210-6 APC - Klam Wholesalers 220 Wages Payable 221 Electricity Payable 222 Water Payable 225 Interest Payable 250 Bank Loan Payable 300 Share Capital 301 Retained Earnings 310 Profit and Loss Summary 400 Sales Revenue 401 Sales Returns and Allowances 402 Discount Received 403 Interest Revenue 500 Purchases 501 Purchase Returns and Allowances 511 Advertising Expense 516 540 541 542 543 544 545 560 561 571 572 573 Wages Expense Rent Expense Electricity Expense Water Expense Insurance Expense Office Supplies Expense Salary Expense Depn Expense: Cash Registers Depn Expense: Store Fixtures Interest Expense Bank Charges Discount Allowed