Question 10 (1 point) V Saved Crediting an asset account will most often Increase the account Decrease the bount Dount Balance the account None of the above Question 11 (1 point) Saved Which of the following is the accounting equation? O Assets + Liabilities - Equities = 0 Equities = Assets + Liabilities = 0 Assets - Liabilities - Equities = 0 Liabilities - Assets - Equities = 0 Question 12 (1 point) A truck was purchased for $70,000 cash 2 years ago. The truck is depreciated using straight line depreciation over 10 years with no salvage value. What is the annual depreciation expense? $5,000 O $6,000 $7,000 O $8,000