TRUE OR FALSE...please give correct answers (all other answers are wrong in chegg)

TRUE FALSE TRUE TRUE TRUE 1 12 13 14 15 16 7 18 19 50 51 52 53 54 55 TRUE TRUE Intangible Assets is a Noncurrent Liability. Equity is the of value that the market places on a company's stock. Long-term debt is a Noncurrent Liability. Property, Plant & Equipment (PP&E) is a Noncurrent Asset. Noncurrent Assets = PP&E + Intangible Assets +Other Noncurrent Assets. Intangible Assets are typically created when an entity pays more for an asset than the historical value on the prior owner's books ('book value'). Accounts Receivable is a Current Liability. Accounts Receivable is the accrual account for an invoice not yet paid by customer. The process of expensing Intangible Assets over its useful life is called 'depreciation'. Assets are defined as something valuable that an entity owns, benefits from, or has use of, in generating income. Assets = Liabilities + Equity. Assets are defined as a company's legal financial borrowings or obligations that arise during the course of business operations. Net Trade Working Capital = Current Assets + Current Liabilities. FALSE FALSE TRUE TRUE FALSE FALSE