You are now instructed to record transactions that occurred throughout the second week of June into the company's books. The week 2 transactions are listed below: Week 2 Date Transaction description 10 Paid the full amount owing to Moon Megasystems, Check No. 906. 11 Sold 4 MX620 Notebook Computers to Handys Electronics for $420 each, Invoice No. 202. 11 Turbo Tech paid the full amount owing on their account. Since Turbo Tech has been a loyal customer from the day the business commenced, a 10% discount was given for this early repayment. 11 Made cash sales of $11,355 during the week. 11 Hypertronics returned $2,252 worth of product. Issued a Credit Memorandum for $2,252. 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 do this before you prepare the Bank Reconciliation Statement. Back-On-Track functionality 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: 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. You are required 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. 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. You are also required to apply the journals and ledgers instructions provided in Week 1. 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.

Show All Special Journals General Journal Subsidiary Ledgers General Ledger Information from previous pages General instructions Policies and procedures All transactions Adjusting entries information Trial balance - May Schedules of accounts - May Bank reconciliation - May Bank statement - June Journals and ledgers instructions (Q=401.salesJournalWeek2) SALES JOURNAL Invoice Post Date Account Amount No. Ref. Jun 4 ARC - Hypertronics 201 110-3 950 Jun (select) Jun (select) Jun (select) Jun (select) (Q=402.purchasesJournalWeek2) PURCHASES JOURNAL Post Date Account Terms Amount Ref. Jun 4 APC - Mega Tech 2/10, n/30 210-1 1,110 Jun 7 APC - Pear Technology net 30 210-3 1,100 Jun (select) Jun (select) Jun (select) Jun (select) (Q=403.cashReceiptsJournalWeek2)