Record week 3 transactions into the proper journals

Week 3 15 Paid sales staff wages of $5,284 for the two weeks up to and including yesterday, Check No. 607 17 Council Records paid $1,400 in partial payment of their account. 17 Made cash sales of $11,875 during the week. 17 Returned $1,472 worth of faulty product to Phin records. Received a Credit Memorandum or S1,472. 18 Sold 50 The Vibes CDs to Brashs world records for $37 each, Invoice No. 503. 19 KB Lo-Fi paid the full amount owing on their account. 20 Received a purchase order from Council Records. Created a corresponding sales order to deliver 40 My Chemical Imbalance T-shirts to this customer for S58 each, Invoice No. 504. Remember, one purpose of using special journals is to make the posting process more efficient by posting the total of most columns in the special journals after all of the transactions for the period have been recorded. However, some parts of a journal entry are still required to be posted on a daily basis. View the company's accounting policies and procedurest for details of what is to be posted daily or monthly. 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 do this before 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 amount, subtract the discount from the original amount. Show All Special Journals General Journal Subsidiary Ledgers General Ledger (Q=301.salesJournalWeek1) SALES JOURNAL Invoice Date Accoumt Amount 0. Ref. 4 select un un un un select) select) (Q=302.purchasesJournalweek1) PURCHASES JOURNAL Post Amount Ref Date Account Terms Jun 3APC - Phin records Jun3 un un 2/10 n/30 1360 select) select select) 605 585 (Q#303.cashReceiptsJournalweek1) 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 dditional instructions abova. Sinco all transactions in this journal affact the Cash account, you ara askad to antar the name of the appropriate account craditad in these transactions into tha Account column so that the type of transaction can be determined by the name of the account entered into this column. name of the Date Ref Sales Accounts Oher Jun Jun Jun CASH PAYMENTS JOURNAL Note: In ordar to racalve full points, for each transaction you must selact an account under the column labalad 'Account, as indicated under the additional instructions above. Since all transactions in this journal affect the Cash &ccount, you are asked to enter the name of the appropriate account transactions into the Account column so that th type of transaction can be determind by the name of the account ntered into this column. name of th debited in these th Date Ref Accounts Payable Purchace Other Accounts C Purchace Jun un un Jun un Jun Show All Special nals General Journal Subsidiary Ledgers Genera Subsidiary Ledgers General Ledger (Q-305.generalJournalWeek1) GENERAL JOURNAL Post Ref Date Account and Explanation Debit Credit luri elect elect Jun elect lui Submit answers Show All Special Journals General Journal Subsidiary Ledgers General Ledger (Q 310-110-3.AcctsRec3-week! ) SUBSIDIARY LEDGERS Account: ARC - KB Lo-Fi Account No. 110-3 Date Ref Debit Credit Balance May Jun Jun Jun 31 Balance 2,223 DR (Q#310-210-1.AcctsPay1-week1) Account: APC - Toadstool records Account No. 210-1 Date Ref Debit Credit Balance May Jun Jun Jun 31 Balance 3,424 CR (Q-310-210-2.AcctsPay2_weeki) Account: APC - Mapster records Account No. 210-2 Date Ref Debit Credit Balance May Jun Jun 31 Balance 2,417 CR Ref. May 31 Balance Jun Jun Jun 2,417 CR (Q-310-210-3.AcctsPay3 weak1) Account: APC - Phin records Account No. 210-3 Ref. 31 ce 3,604 CR Jun Jun Jun (Q-310-210-4.AcctsPay4_week1) Account: APC - UML records Account No. 210-4 2,211 CR Jun Jun Jun Show All Special Journals General Journal Subsidiary Ledgers General Ledger Q 320-100.Cash_week1) GENERAL LEDGER Account: Cash Account No. 100 Date Ref Debit Credit May Jun Jun Jun 31 Balance 22,294 DR (Q#320-110 AcctsRecControl-week1) Account: ARC - Accounts Receivable Control Account No. 110 Date Ref Debit Credit Balance May Jun Jun Jun 31 Balance 8,100 DR (Q-320-120.Inventory_week1) Account: Merchandise Inventory Account No. 120 Date Ref Debit Credit May Jun Jun Jun 31 Balance 77,477 DR (Q 320-210.AcctsPayControl_weeki) Account: APC - Accounts Payable Control Account No. 210 Date Ref Debit Credit May Jun Jun Jun 31 Balance 13,117 CR (Q-320-250. Loan Payable-week!) Account: Bank Loan Payable Account No. 250 Date Ref Debit Credit Balance May Jun Jun Jun 31 Balance (Q 320-400.SalesRevenue_weeki) Account: Sales Revenue Account No. 400 Date Ref Debit Credit May Jun Jun Jun 31 Balance (Q 320-402.SalesDisc week1) Account: Sales Discounts Date May Jun Jun Jun Ref Debit Credit 31 Balance (Q-320-500.Purchases_week1) Account: Purchases Account No. 500 Date May Jun Jun Jun Ref Debit Credit 31 Balance (Q=320-502.PurchaseDisc-week! ) Account: Purchase Discounts Account No. 502 Date May Jun Jun Jun Ref Debit Credit Balance 31 Balance