Purchases Returns and Allowances is what type of account? a. Contra to Equity b. Contra to an Asset O c. Liability Od. Expense O e. Contra to the cost of Purchases In a manual accounting system, which of the following is incorrect: a. Credit Sales are recorded in the Sales Journal b. Cash Sales are recorded in the Cash Receipts Journal Oc Credit Purchases are recorded in the Purchases Journal Od. Cash Purchase of a Truck is recorded in the General Journal O e Sale of an Office Building on credit is recorded in the General Journal In the books of Jump Ltd a Debit amount of $58,300 including 10% GST, was posted to the Accounts Receivable Control account on the last day of 30th June, 2019. Originally, from which Special Journal would this posting of $58,300 most likely have come from? a. Purchases b. General O c. Cash Payments & Purchases O d. Cash Receipts & Sales O e Sales