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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 Answer
a
i & ii
b
ii & iii
c
iii & iv
d
iv only
e
iii & v
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