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The following rules are applicable to liability accounts in the general ledger: Instructions: Drag the correct answer into the correct space. An option can be used more than once. If an options has been provided and it is not applicable to the specific questions please put N/A in the column. Indicate whether the following statement is true or false regarding the statement of financial position: The statement only reflects assets belonging to the business. Select one: True False The accounting equation (A=E+L) can be expressed as ... Instructions: 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Round off to the second decimal after the full stop (eg: 50.56) 3. A decrease in an amount must be indicated by using a negative sign in front of the amount (eg: - 1000.01) 4. An increase must be indicated by the amount without any sign (eg: 1000.01) Please note: Only include the total amount for assets, equity and liabilities in the table The following rules are applicable to liability accounts in the general ledger: Instructions: Drag the correct answer into the correct space. An option can be used more than once. If an options has been provided and it is not applicable to the specific questions please put N/A in the column. Indicate whether the following statement is true or false regarding the statement of financial position: The statement only reflects assets belonging to the business. Select one: True False The accounting equation (A=E+L) can be expressed as ... Instructions: 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Round off to the second decimal after the full stop (eg: 50.56) 3. A decrease in an amount must be indicated by using a negative sign in front of the amount (eg: - 1000.01) 4. An increase must be indicated by the amount without any sign (eg: 1000.01) Please note: Only include the total amount for assets, equity and liabilities in the table