Which of the following transactions of a business is/ are recorded in Journal Proper?(i) Purchase of goods on credit (ii) Sale of Office Furniture for cash (iii) Discounting of Bill of Exchange with a bank (iv) Endorsement of a Bill of Exchange in settlement of debt of the business

Which of the following transactions of a business is/ are recorded in

1.	Which of the following transactions of a business is/ are recorded in Journal Proper?(i) Purchase of goods on credit (ii) Sale of Office Furniture for cash (iii) Discounting of Bill of Exchange with a bank (iv) Endorsement of a Bill of Exchange in settlement of debt of the business
A.	Only (i) above
B.	Only (iv) above
C.	Both (ii) and (iv) above
D.	(i),(iii) and (iv) above
Answer» C. Both (ii) and (iv) above