A variant of the hypothetical scanning (HS) method for calculating the absolute entropy and free energy of fluids is developed, as applied to systems of Lennard-Jones atoms (liquid argon). As in the preceding paper (Paper I), a probability P-i approximating the Boltzmann probability of system configuration i, is calculated with a reconstruction procedure based on adding the atoms gradually to an initially empty volume, where they are placed in their positions at i; in this process the volume is divided into cubic cells, which are visited layer-by-layer, line-by-line. At each step a transition probability (TP) is calculated and the product of all the TPs leads to P-i. At step k, k-1 cells have already been treated, where among them N-k are occupied by an atom. A canonical metropolis Monte Carlo (MC) simulation is carried out over a portion of the still unvisited (future) volume thus providing an approximate representation of the N-N-k as yet untreated (future) atoms. The TP of target cell k is determined from the number of visits of future atoms to this cell during the simulation. This MC version of HS, called HSMC, is based on a relatively small number of efficiency parameters; their number does not grow and their values are not changed as the number of the treated future atoms is increased (i.e., as the approximation improves); therefore, implementing HSMC for a relatively large number of future atoms (up to 40 in this study) is straightforward. Indeed, excellent results have been obtained for the free energy and the entropy. (C) 2003 American Institute of Physics.