ETH company paid cash of $4,800 on its account with one of its suppliers from whom it regularly purchases inventory. The inventory purchase itself was recorded previously. Which ONE of the following would be included in the journal entry necessary to record this payment on account? O DEBIT to Cash for $4.800 ODEBIT to Inventory for $4.800 ODEBIT to Accounts Payable for $4,800 O CREDIT to Accounts Payable for $4,800 O CREDIT to Inventory for $4,800 Question 3 1 pts Turks Company purchased a machine for $120,000. Also associated with this purchase were $7,200 in sales taxes and $16,000 in machine preparation, shipping, and installation costs. Kane paid a total of $40,000 cash and signed a note payable agreeing to pay the remaining $103,200 in the future. Which ONE of the following is included in the single journal entry necessary to record this purchase of a machine? Again, assume that all of these data are recorded in a single journal entry. ODEBIT to MACHINE for $143,200 ODEBIT to MACHINE for $127,200 ODEBIT to MACHINE for $120,000 ODEBIT to MACHINE for $99,200 DEBIT to MACHINE for $136,000