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.

SALES JOURNAL

Date		Account	Invoice No.	Post Ref.	Amount
Jun	4	ARC - Hypertronics	201	110-3	950
Jun		ARC - Handys Electronics(select)
Jun
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PURCHASES JOURNAL

Date		Account	Terms	Post Ref.	Amount
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
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CASH RECEIPTS JOURNAL

Date		Account	Post Ref.	Debit		Credit
				Cash	Sales Discounts	Sales Revenue	Accounts Receivable	Other Accounts
Jun	1	Bank Loan Payable	250	43,000				43,000
Jun	4	Sales Revenue	X	6,820		6,820
Jun		ARC - Turbo Tech(select)
Jun
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CASH PAYMENTS JOURNAL

Date		Account	Check No.	Post Ref.	Debit			Credit
					Accounts Payable	Purchases	Other Accounts	Cash	Purchase Discounts
Jun	3	APC - Big Telco	903	210-2	3,618			3,582	36
Jun	3	Purchases	904	X		1,960		1,960
Jun	5	APC - Pony	905	210-4	3,604			3,532	72
Jun
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