Instructions to student: You are required to indicate if the statement is true or false 1. Management accounting

[answerhappygod]

Instructions to
student:
You are required to indicate if the statement is true or
false
1. Management
accounting is
often
referred to the language of
business
2. Creditors are the
parties who supply risk capital in the form of funding
3. Internal reports
are often used by management
4. Journals are known
as books of first entry
5. Depreciation is an
expense
6. Furniture and
equipment is an example of a current asset
7. Expenses and
income are found in the balance sheet
8. Rent income can be
classified as an income
9. Capital is an
asset
10. Sales increases
on the debit side