Which of the following statements are false? Statement 1. Inventory, bank balance and accounts receivables are assets Statement 2. Prepaid revenue, accounts payables and accrued revenue are assets Statement 3. Wages payable, inventory and commission receivable are liabilities Statement 4. Unearned revenue, accounts payables and prepaid rent are liabilities Group of answer choices

Statements ii and iii only

Statements ii, iii and iv only

Statements i, ii and iii only

All of the statements