Can someone please tell me each of these transactions if it is true or false thank you

1. The principal financial statements of a corporation are the retained earnings statement, and the balance s income statement 2. Recognizing depreciation expense results 3. Freight 4. If the adjustment exp in a cash outflow for a company t-in cost is a part of selling and administrative costs. inadvert t to recognize expired insurance at the end of the period is omitted, the assets at the end of the period will be understated 5 The balance in th e Prepaid Insurance account before adjustment at the end of the amount in the journal entry required to record insurance 500 if the amount of unexpired insurance applicable to future year is $4,000. The expense will be $2, periods is $1,500. The balance sheet reports the assets and expenses of a business for a specific period of time. F. Under the periodic inventory system, the cost of goods sold is equal to the beginning merchandise inventory plus the cost of goods purchased plus the 7. ending CoG merchandise inventory. F During inflationary periods, the use of the FIFQ method of costing inventory will LIFO cost method F 8. the result in a greater amount of net income than would result from the use of .The use of the lower of cost or market method of inventory valuation increases net income for the period in which the inventory replacement price declined. F Journalizing a transaction with both the debit and the credit for S69 instead of $96 will cause the trial balance to be out of balance. F