Week 2 Date Transaction description 8 Purchased 14 Mieca Camera Lenses from Mega Tech for $552 each, terms net 30. 10 Paid the full amount owing to JCN Electrical, Check No. 344. Payment fell outside discount period. 10 Sold 18 MePod Multimedia Players to Handys Electronics for $536 each, Invoice No. 795. 11 Paid sales staff wages of $13,401 for the week up to and including yesterday, Check No. 345. 12 Pikea paid the full amount owing on their account. Since Pikea has been a loyal customer from the day the business commenced, a 10% discount was given for this early repayment. 12 Made cash sale of 4 DK800 Desktop Computers for $1,800 each. 13 Paid the full amount owing to Pony, Check No. 346. 14 Paid the full amount owing to Moon Megasystems, Check No. 347. 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 enter this before you prepare the Bank Reconciliation Statement. 3) Update inventory cards on a daily basis