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Ii?\"- Question 9 [1 point} The dualityr concept requires that each transaction must be recorded: 6) 1} in at least two different acoounts. 2} in ajoumal and a Eedger. 3} in two sets of books. 4} rst as income than as an expense. Question 10 (1 point] B The balance sheet of an entity: 1} lists the assets, liabilities and equity.Ir at a point in time. 2} lists all assets and liabilities at present values. ' 3} gives all of the facts regarding nancial position. All is the most important nancial statement Save Question 7 (1 point) B Equity is increased by ' 1} liabilities. 23' expenses. 3} income. 4} dividends. Save Question 6 [1 point} B All these statements about the balance sheet are true. except 1} assets are listed in order of liquidity. ' 2} it shows the cash received and cash paid for the period. 3} it reflects the accounting equation. 4} the total of the assets must equal the total of the liabilities plus equity. Question 3 [1 point} El The order in which the income statement and balance sheet are normally completed is: 1} irrelevant. ' 2} income statement rst. 3} balance sheet rst. 4} both clone simultaneously