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Identify which of the transactions below are entered in the correct special journal: i . Sale of land for cash - General Journal ii .

Identify which of the transactions below are entered in the correct special journal:
i. Sale of land for cash - General Journal
ii. Discount allowed for early payment by customer - Cash payments journal
iii. Depreciation on building - General journal
iv. Purchase of computer on credit - Purchases journal
v. Issue of shares for cash - Cash receipts journal
Question 14Answer
a.
i & ii
b.
ii & iii
c.
iii & iv
d.
iv only
e.
iii & v

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