30) As a result of the monetary unit assumption, a transaction which can be expressed in words but not in a dollar amount need not be reported. (True/False) 31) XYZ Company bought equipment that normally cost $150,000 at a bargain price of $125,000. The historical cost principle would require the company to record the equipment at its normal cost of $150,000. (True/False) 32) A company did not record the collection of an accounts receivable. As a result of this omission, the adjusted trial balance will not balance. (True/False) 33) DEF Company was incorporated in 2010 and used the straight-line method of depreciation through 2021. In 2022, it decided to switch to the double- declining balance method. This is an example of a change in accounting principle which should be handled retrospectively. (True/False)