D Question 1 Instructions: all questions are true/false. Accounts Receivable is an asset account Dividends is an asset account Dividends Payable is an equity account Equipment is an asset account An increase in Gain increases equity Depreciation expense is an expense account Accumulated Depreciation-Equipment is a liabilities account [Choose ] [Choose ] [Choose] [Choose] [Choose ] [Choose] [Choose] > > > > 20 pts

Instructions: all questions are true/false. Accounts Receivable is an asset account Dividends is an asset account Dividends Payable is an equity account Equipment is an asset account An increase in Gain increases equity Depreciation expense is an expense account Accumulated Depreciation-Equipment is a liabilibes account