P $1-4.$

Required Answer the following multiple$-$choice questions:

b$.$ According to SFAC No$.6,$ assets can be defined by which of the following?

Probable future sacrifices of economic benefits arising from present obligations of a particular entity to transfer assets or provide services to other entities in the future as a result of past transactions or events.

Probable future economic benefits obtained or controlled by a particular entity as a$.$ result of past transactions or events.

Residual interest on the assets of an entity that remains after deducting its liabilities.

Increases in equity of a particular business enterprise resulting from transfers to the enterprise from other entities of something of value to obtain or increase ownership interests $($or equity$)$ in it$.$

Decrease in equity of a particular business enterprise resulting from transferring assets, rendering services, or incurring liabilities by the enterprise.