Question: Week 1 Date Transaction description 1 Issued Cheque No. 884 for $9,600 to pay Blue Blazer Realty for two month's worth of rent in advance.

Week 1 Date Transaction description 1 Issued Cheque No. 884 for $9,600 to pay Blue Blazer Realty for two month's worth of rent in advance. 4 Balls 'n All paid the full amount owing on their account. 4 Paid sales staff wages of $2,198 for the week up to and including yesterday, Cheque No. 885. Note that $1,143 of this payment relates to the wages expense incurred during the last week of May. 4 Issued Cheque No. 886 to Office Supplies Warehouse for the purchase of $374 worth of office supplies. 5 Made payment of $786 to State Power for 3 months of electricity up to and including 31 May, Cheque No. 887. 6 Paid the full amount owing to Sport Borders, Cheque No. 888. prepare: SALES JOURNAL PURCHASES JOURNAL CASH RECEIPTS JOURNAL CASH PAYMENTS JOURNAL GENERAL JOURNAL SUBSIDIARY LEDGERS: 1. Account: ARC - Balls 'n All Account No. 110-5 2. Account: APC - J. J. Spud Account No. 210-1 3. Account: APC - Sport Borders Account No. 210-6 GENERAL LEDGER: 1. Account: Cash at Bank Account No. 100 2. Account: ARC - Accounts Receivable Control Account No. 110 3. Account: Office Supplies Account No. 130 4. Account: Prepaid Rent Account No. 140 5. Account: APC - Accounts Payable Control Account No. 210 6. Account: Wages Payable Account No. 220 7. Account: Electricity Payable Account No. 221 8. Account: Sales Revenue Account No. 400 9. Account: Discount Received Account No. 402 10. Account: Cost of Sales Account No. 500 11. Account: Wages Expense Account No. 516 12. Account: Electricity Expense Account No. 541 13. Account: Office Supplies Expense Account No. 544 14. Account: Discount Allowed Account No. 573.

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