Indicate whether each of the following statements is true or false (5 points). ____ a) The double-entry system requires that total debits equal total credits in a single journal entry and in the general ledger as a whole. ____ b) When a bond is issued at a premium or discount, total interest expense will include the cash-based interest as well as the impact of the amortization of the premium or discount. ____ c) When an asset decreases in a double-entry system, an equity account must also decrease. ____ d) All other things being equal, a company that declares a cash dividend will have lower net income than a company that does not declare a cash dividend. ____ e) When a company declares and pays a cash dividend, the payment is equally distributed among common and preferred shareholders.