Please help with some probelms I am struggling with!

Which of the following statements concerning depreciation expense is most correct? Depreciation expense accounts for the loss of value of inventory Depreciation expense accounts for the loss of value of financial investments Depreciation expense accounts for the ampunt of bad debt an organization incurs: Depreciation expense accounts for the loss of value of fixed assets (property and equipment) Prospective payment methods of reimbursement (escluding capitation) ahways create strong incentives for providers to reduce the volume of services provided. True False 3 Which of the following statements about the balance sheet is most correct? The balance sheet provides detalled information about the revenues, expenses. and cash position of an organization over time The balance sheet is not affected by changes in the net income of the organization over time The balance sheet provides information about the financial position of an organization over a defined period of time The balance sheet provides information about the financiai position of an organization as of a specific moment in time In order for an organization to have positive cwners' equity, the value of organizational liabilities must be greater than the value of organizational assets. True False Which of the following statements about revenues, expenses, and net income is most correct? Negative net income increases the equity account of an organization Revenues decrease the equity account of an organization Positive net income increases the equity account of an organization Expenses increase the equity account of an organization Under accrual-based accounting methodk, all revenues reported on the come