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QUESTION 4 Q5. All statement are limitations of trial balance Except: OMR 650 collected from customer, is debited to cash for OMR650 and credited to account receivable for OMR650. O a the purchase of Supplies on account is debited to Supplies and credited to Cash. Ob OMR 100 cash drawing by the owner is debited to Owner's Drawings for OMR 1,000 and credited to Cash for OMR 100 Od transaction is not journalized QUESTION 5 Chet Save and Submit to save and submit. Click Save All Answers to save all answers. QUESTION 7 Q18. 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 debit to an asset, a debit to a liability, and a credit to a liability Ob debit to an asset and a credit to two liability accounts debit to an asset, a credit to an asset, and a credit to a liability d debit to two assets and a credit to a liability account