Which of the following pairs of transactions and

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46. Which of the following pairs of transactions and special journals is properly matched? Transaction Journal a . Collect cash on account. Sales Journal b . Pay voucher for purchase of Voucher Register merchandise on account. c . Prepare adjusting entries. General Journal d . Sell merchandise for cash. Sales Journal ____ 47. Michael & Marlon Company sublet a portion of its office space for ten years at an annual rental of P36,000, beginning on May 1. The tenant is required to pay one year's rent in advance, which Michael & Marlon recorded as a credit to Rental Income. Michael & Marlon reports on a calendar-year basis. The adjustment on December 31 of the first year should be
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