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Answer all the items. To submit your exam you can either uploadthe file or upload images of the pages with the handwritten answers(take photos or scan them).1. T / F In double entry accounting, recorded financialevents/transactions are self-balancing with debits equalingcredits.2. Fill out the basic accounting equation:___________________ = _________________________ +____________________3. Make the accounting entries for payment of medical suppliesof $250.ACCT Debit Credit______________ ___________ _________________________ ___________ ___________4. Make the accounting entries for receipt of payment for anoutpatient visit. Fee is $75.ACCT Debit Credit______________ ___________ _________________________ ___________ _________________________ ___________ ___________