22. A financial statement providing information that helps users understand a company's financial status at a specific date, is called a(n} balance sheet income statement statement of cash flows statement of changes in equity bank statement O In a double-entry accounting system, total debits must always equal total credits. True False @931 Credits to accounts are always increases. True es)? False T0 credit an asset account means to decrease it. True @651} False N 9" A transaction that decreases an asset account and increases a liability account must also affect another account. True False 606) N :-I The trial balance is a list of the accounts that have balances in the ledger. True False N 9' If an error is discovered in either the journal or the ledger, it must be corrected by erasing the incorrect amount and entering the corrected amount. True False 609