Which of the following statements about a cash receipts journal are correct: The total of 'Other accounts' is posted to the general ledger Discount allowed is a debit account in the cash receipts journal Sales for cash are recorded in this journal Cash is a credit account in the cash receipts journal All the columns in the cash receipts journal must add up to the total of the cash and discount allowed columns 1. II. III. IV. V. O a. i, ii, iii O b. ii, iii, iv O c. iii, iv, v O d. i, iv, v O e. ii, iii, v

Which of the following statements about a cash receipts journal are correct: 1. The total of 'Other accounts' is posted to the general ledger II. Discount allowed is a debit account in the cash receipts journal III. Sales for cash are recorded in this journal IV. Cash is a credit account in the cash receipts journal V. All the columns in the cash receipts journal must add up to the total of the cash and discount allowed columns a. i, ii, iii b. ii, iit, iv c. iii, iv, v d. i, iv, v e. ii, iii, v