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Determine if the following statements are true or false? Explain a. Revenue is only recognised when the goods are delivered to the warehouse of the purchaser. b. Under the perpetual inventory system and periodic inventory system, the ending balance of the inventory account is identical, assuming there are no shortages or damages in inventory over the accounting period. C. Upward asset revaluations always result in an increase in asset revaluation surplus. d. Costs for replacement of tyres in motor vehicle are always recorded as maintenance expenses. e. Human capital is an important resource of a company to run its business, thus it is recorded as an intangible asset in the balance sheet. [Question 3: 5 marks] [Section A: 15 marks]