True or false for all

2. The journal columns used to record receiving cash from the owner as an investment are Cash Debit and Sales Credit. 3. All corrections for posting errors should be made in a way that leaves no question as to the correct amount. 4. The left side of an asset account is the credit side because asset accounts are on the left side of the accounting equation. 5. Many businesses choose a one-year fiscal period that ends during a period of high business activity. 6. The posting reference should always be recorded in the journal's Post. Ref. column before amounts are recorded in the ledger. 7. Net income on a work sheet is calculated by subtracting the Income Statement Debit column total from the Income Statement Credit column total. 8. The balance of an account increases on the same side as the normal balance side. 9. A complete journal entry consists of the date, the debit amount, the credit amount, and a source document