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Question 2 (15 marks) The following transactions occurred in December 2018: 1. Collection of interest revenue earned on an investment 2. Cost of goods sold

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Question 2 (15 marks) The following transactions occurred in December 2018: 1. Collection of interest revenue earned on an investment 2. Cost of goods sold along with a credit sale 3. Sale on account 4. Cash sale 5. Return of merchandise 6. Purchase of office furniture on account 7. Payment on account 8. Payment of telephone bill 9. Getting a loan from the bank 10. Expiration of prepaid rent 11. Cash purchase of computer equipment 12. Amortization of office furniture 13. Accounts receivable collected 14. Purchases of goods for sale on account 15. Prepayment of rent Required: Use the following abbreviations to indicate the journal in which you would record the December 2018 transactions above: G=General Journal S=Sales Journal CR-Cash Receipts Journal P-Purchases Journal CP =Cash Payments Journal

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