Booleeping encompasses all steps of accounting process Select one Trie O False Question 2 Motyrt med Marted out of F Flag question Cash payment of dividends does not affect the liabilities Select one: O True O False Question 3 Noted Marked out of plag question Credit purchase of machinery leads to increase the assets and liabilities equally in balance sheet Select one True False Question 4 Flag question Credit sale of machinery leads to increase the accounts receivable and decreases machinery items in balance sheet statement equally Select one True Fale