7) True or False - The following questions are included in analyzing and recording transactions. a) Business transactions and events are the starting points of financial statements. b) Preparation of a trial balance is the first step in processing a financial transaction. c) Source documents identify and describe transactions and events entering the accounting process. d) Items such as sales receipts, bank statements, checks, and purchase orders are examples of a business's source documents. e) An account is a record of increases and decreases in a specific asset, liability, equity, revenue, or expense item