hello, I please need help with 1, 2, 3, and 4

thank you :)

Question 1 Accumulated Depreciation is classified as an expense. True False Question 2 When an asset is sold and its book value exceeds its selling price, net income will increase. True False Question 3 The principal of a loan does not include any interest charges. True False Question 4 Interest rates that we used in class are stated on an annual basis: True False