1 Which of the following should be entered in the journal? ( i ) Payment for cash purchases ( ii ) Fixtures bought on credit ( iii ) Credit sale of goods ( iv ) Sale of surplus machinery. (A) ( i )...

1

Which of the following should be entered in the journal?

(i) Payment for cash purchases

(ii) Fixtures bought on credit

(iii) Credit sale of goods

(iv) Sale of surplus machinery.

(A) (i) and (iv)

(B) (ii) and (iii
)

(C) (iii) and (iv)

(D) (ii) and (iv).