Neco Model Questions Vol1 2025 Financial Accounting Question 43

The following five transactions occurred in March for Delta Enterprises: 1. 3 March - Purchased inventory on credit for \(120,000\). 2. 5 March - Sold goods for cash, receiving \(80,000\). 3. 10 March - Paid rent by cheque, amount \(15,000\). 4. 12 March - Received a bank loan of \(200,000\). 5. 15 March - Returned defective inventory to the supplier, receiving a credit note for \(20,000\). The books of original entry are kept as follows: - Purchases journal records transactions 1 and 5. - Sales journal records transaction 2. - Cash receipts book records only cash sales. - Cash payments book records transactions 3 and 5. Which transaction number has not been recorded in any of the books of original entry and therefore must be entered in the general journal?