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QUESTION 5 A restaurant purchased a new point of sale terminal by paying one-half of its cost in cash and owing the balance on account.

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QUESTION 5 A restaurant purchased a new point of sale terminal by paying one-half of its cost in cash and owing the balance on account. The journal entry requires a a debit to an asset and a credit to two liability accounts Ob debit to two assets and a credit to a liability account Oc debit to an asset, a credit to an asset, and a credit to a liability Od debit to an asset, a debit to a liability, and a credit to a liability QUESTIONS Click Save and Submit to save and submit Click Save AIT ATS to save all answers

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