Question 5 (1 point) Receiving a $350 payment on an account with a current balance of $800 would include a: debit to accounts receivable and a credit to cash for $350 debit to cash and a credit to accounts receivable for $350 debit to cash and a credit to accounts receivable for $800 debit to cash and a credit to accounts payable for $350 Question 6 (1 point) Debit: Equipment 6,700 Credit: Cash 2,000 Credit: Note Payable 4,700 What is the best explanation for this journal entry? Purchased equipment, paid cash of $2.000, with the remainder to be paid in the future ased equipment, paid cash of $2,000, with the remainder to be received in the future Purchased equipment, paid cash from customer on account Paid cash for services performed