Week 1
Date	Transaction description
1	Issued Cheque No. 695 for $8,900 to pay Blue Blazer Realty for two month's worth of rent in advance.
3	Croquet and Cricket paid the full amount owing on their account.
4	Paid sales staff wages of $1,648 for the week up to and including yesterday, Cheque No. 696. Note that $1,143 of this payment relates to the wages expense incurred during the last week of May.
4	Issued Cheque No. 697 to Office Supplies Warehouse for the purchase of $517 worth of office supplies.
5	Made payment of $826 to PowerGen for 3 months of electricity up to and including 31 May, Cheque No. 698.
6	Paid the full amount owing to Hike, Cheque No. 699.

After completing this practice set page, you should know how to record basic transactions in the journals provided below and understand the posting process in the manual accounting system. Note that you will record the remaining June transactions in the following sections of this practice set.

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 procedures for details of what is to be posted daily or monthly.

SALES JOURNAL

Date		Account	Invoice No.	Post Ref.	Accounts Receivable	Cost of Sales
Jun		(select)
Jun		(select)
Jun		(select)
Jun		(select)

(Q=302.purchasesJournalWeek1)

PURCHASES JOURNAL

Date		Account	Terms	Post Ref.	Accounts Payable
Jun
Jun
Jun
Jun

(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.

Date		Account	Post Ref.	Debit		Credit			Cost of Sales
				Cash at Bank	Discount Allowed	Sales Revenue	Accounts Receivable	Other Accounts
Jun		(select)
Jun		(select)
Jun		(select)
Jun		(select)
Jun		(select)
Jun		(select)

(Q=304.cashPaymentsJournalWeek1)