Question: II. Problem. Shown herein is a page from a special journal. Questions: What kind of journal is this? Give an explanation for transaction dated May

II. Problem. Shown herein is a page from a special journal.

Questions: What kind of journal is this? Give an explanation for transaction

II. Problem. Shown herein is a page from a special journal. Questions: What kind of journal is this? Give an explanation for transaction dated May 17 and May 18. Explain the following: a. The numbers under the bottom lines. b. The check marks entered in the post reference columns. c. The check marks under the bottom line. Cash Sales Date Accounts PR Receivable Dr. Sold To Sales Cr. Dr. 30,000 2011 May 17 Joy Gragasin 18 Lourdes Sanchez 20 Marivic Cailao 7,000 18.000 48.000 (24) 30,000 7,000 18,000 55,000 (50) 7.000

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