Question 1 (15 marks) Black Oil Corporation. uses a Sales Journal, Purchases Journal, Cash Receipts Journal, Cash Disbursements Journal, and General Journal. The following transactions were completed by Black Oil Corporation during the month of October: Oct. 3 Sold merchandise for $5,500 to the South Corp. on credit, Invoice No. 1122. Oct. 6 Sold a piece of land for $16,400 cash. The land was originally purchased for $12,600. Oct. 11 Purchased supplies for $420 cash. Oct. 15 Issued a credit memo for $550 to West Corp. for returned merchandise. The merchandise cost $100 and was returned to inventory. Oct. 21 Returned $330 of merchandise purchased from Min Corp. for credit on account. Oct. 24 Paid monthly salaries of $5,400. Oct. 31 Recorded depreciation on equipment of $1,200. (a) Record the appropriate transactions in the General Journal. (b) For the transactions not recorded in the General Journal, indicate the correct journal of original entry