Transactions

(1) the purchase of goods on credit from suppliers

(2) the sale of goods on credit

(3) cheques received from credit customers

(4) payments to suppliers by cheque for goods previously supplied

(5) allowances to credit customers upon return of faulty goods

(6) daily cash takings paid into the bank

(7) monthly salaries paid to employees

(8) the year end stock valuation For each of the above types of transactions identify

(a) the originating document for the data

(b) the book of original entry for the transaction, and

(c) the way in which the data will be incorporated into the double entry system.