Indicate whether the following statements are true or false.

a An asset register that includes motor vehicles would show the costs of servicing and running costs of each vehicle.

True/False b The asset register includes accounts receivable balances as they are also assets. True/False c An asset record in the asset register shows the cost, residual value and rate of depreciation p.a.

True/False d The asset listing total can differ from the general ledger value by the average of the depreciation percentages +/– 5%.

True/False e The accumulated depreciation account is closed out to the profit and loss account at the end of the accounting period.

True/False f The asset register can show the details and cost of site preparation, initial delivery and handling costs, installation costs and fees for architects and engineers.

True/False