true, (i) sometimes true, or(ii) never true. For those that are (ii) somet when the statement is true. tements is 6) ah es tnue,exp 38 Part One Als Fundamentals 12. Statement evaluation. Determine whether each of the following stater a. Bookeeping and accounting are two ways of referring to the same thin b. If a transaction increases a liability, it will also increase an expense c. The accounting cycle involves human judgment. d. A company's chart of accounts should use block coding. e. Information technology has eliminated the need for human judgment in the acc f An "accrual" refers to a situation where a company provides service before g. An adjusting entry for depreciation recognizes an asset's loss in market value over tin accounting o h. Adjusting entries involve one balance sheet account and one income statement accounz never cash. i. In automated accounting information systems, block coding facilitates closing entries . The complete accounting cycle incorporates three different forms of a trial balance