please help with these accounting questions!

Styles Styles Pane Sens A I U 1. The Accumulated Depreciation account represents a cash fund available to replace plant assets. A) True B) False 2. Using the units-of-activity method of depreciating factoryy equipment will generally result in more depreciation expense being recorded over the life of the asset than if the straight-line method had been used. A) True B) False 3. Additions and improvements to a plant asset that increase the asset's operating efficiency, productive capacity, or expected useful life are generally expensed in the period incurred. A) True B) False 4. If the proceeds from the sale of a plant asset exceed its book value, a gain on disposal curs. A) True B) False S. Franchises are classified as a plant asset A) True B) False 6. A company purchased land for $94,000 cash. Real estate brokers' commission was $5,000 and $7,000 was spent for demolishing an old building on the land before construction of a new building could start. Proceeds from salvage of the demolished building was $1,200. Under the historical cost principle, the cost of land would be recorded at A) $104,800. B) $94,000. C) $99,800. D) $106,000. English (United States) Focus 1252 words l