Section I: True or False. Read each statement carefully. Write 'true' if the statement is true. Write 'false' if the statement is false. (2 pts. each) 1. Carriage charges for transporting goods into the store is known as carriage outwards. 2. Prepayment happens when items are other than purchases are bought for use in the business and they are not fully used up in the period. 3. Capital expenditure is incurred in the day-to-day running expenses of the business. 4. Physical deterioration is the main cause of depreciation. 5. Depreciation is an expense. ont annofullu thon mircle the letter of the