hello may i ask for help in some of these numbers. it's about the basic concepts of accounting. thank you so much!

True or False 1. Accounting is often characterized as the "language of business". TRUE' 2. A partnership is a business owned and operated by two or more persons who bin themselves to contribute money, property of Industry to a common fund, with the intention of dividing the profits among themselves. 3. The Philippine accountant considers peso as the common unit of measure for all business transactions. TRVE 4. 5. For accounting purposes, a business and its owner are considered one and the same. Summarization reduces the effects of numerous transactions into useful groups or categories. 6. The liability of corporate stockholders is limited to the amount of their investment. 7. The terms bookkeeping and accounting are synonymous. Faure 8. Most members of the accountancy profession are Certified Public Accountants. 9. A corporation is an economic unit that is legally separate from its owners. TRUE 10. The personal liability of a partner is limited to the amount of his investment. 11. Manufacturing companies buy raw materials, convert them into products and then sell the products to other companies or to final consumers. TRUG 12. The entity concept states that the transactions of different entities should not be accounted for together. 13. A partnership is always owned by two individuals. Fouse 14. For reporting purposes, the personal assets and debts of a business owner should be combined with the assets and debts of the business. 15. Government accounting deals solely with the identification of the sources of resources consistent with laws. 16. All members of the accountancy profession are Certified Public Accountants. 17. Accounting is a service activity whose function is to provide quantitative information, about economic entities that is intended to be useful in making economic decisions. Tul 18. A corporation is a business owned by its stockholders. 19. A separate legal entity org inized in accordance with codes and laws and in whit ownership is divided into shares of stock is referred to as a corporation. 120. An audit is the independent examination that ensures the fairness and reliability of the reports that management submits to users outside the business entity. 121. A business transaction is the occurrence of an event or of a condition that must recorded. 122. One characteristic of a corporation is that its owners are personally liable for any losses incurred by the business. 123. The set of guidelines and procedures that constitute acceptable accounting practice 124. a given time is GAAP, which stands for generally accepted accounting process. Classification reduces the effects of numerous transactions into useful groups categories