Carson City Saloon purchased a $25,000 truck for catering from its restaurant.It made a down payment of one- fourth of the price.What combination of amounts would affect the income statement and statement of cash flows for the purchase of the truck?

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The Answer of Carson City Saloon purchased a $25,000 truck for catering from its restaurant.It made a down payment of one- fourth of the price.What combination of amounts would affect the income statement and statement of cash flows for the purchase of the truck?

Carson City Saloon Purchased a $25,000 Truck for Catering from Its