Question 2 (1 point) Publicly Traded Corporations can choose to report under either ASPE or IFRS. True False Question 3 (1 point) When a revenue is recorded, the asset account Cash is always increased along with owner's equity. True False Question 4 (1 point) Which of the following transactions would both increase and decrease an asset? purchasing office supplies on account purchasing equipment for cash borrowing money from a bank performing a service and receiving the cash immediately