Normal No Spacing Heading 1 Editing A Pont Paragraph Styles QU7 Saving is the balancing Item of the Capital Account True O False QU8. In addition to the balancing item brought across from the Primary Distribution of Income Account, the Secondary Distribution of Income Account records the same types of social transfers on the Resources side as the Uses side True False QU9 When Balance Sheets are being prepared, Assets and Liabilities are recorded at the current values, not at their original values True False QU10 Net Borrowing occurs when Changes in Net Worth due to Saving and Capital Transfers exceed the investment in Non-Financial Assets True False