Instructions for week $3$ Record all week $3$ 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. 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. Update inventory cards on a daily basis. 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:

$-$ 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.

$-$ 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 $\backslash (\backslash$mathbf$\{$X$\}\backslash ).$ This is because these transactions are not posted on a daily basis. In order to receive full points, you must record only the letter $\backslash (\backslash$mathbf$\{$X$\}\backslash )$ in the Post Ref. column for these transactions.

$-$ 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 $\backslash (110-1\backslash ),$ you should type $\text{'}\backslash (110/110-1\backslash )\text{'}$ into the Post Ref. column.

$-$ When completing the inventory cards, 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.

$-$ You are also required to apply the journals and ledgers instructions $\backslash (\{\}^\{*\}\backslash )$ and the inventory cards instructions $\backslash (\{\}^\{\backslash$boxed$\{3\}\}\backslash )$ provided in previous weeks.

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.

SALES JOURNALInvoice No$.$Post Ref.Accounts ReceivableSales RevenueCost of Goods Sold $($select$)$

$($Q$=502.$purchasesJournalWeek$3)$

PURCHASES JOURNALPost Ref.Accounts Payable $($select$)$