$1.$Describe how a bank might use the financial statements of a company in determining if they will provide their client with a loan?

$2.$The liabilities that are due to be paid usually within a year or less are called

A assets minus revenues.

B revenues minus expenses.

C$.$ assets minus liabilities.

D assets plus liabilities

$3.$The accrual basis of accounting recognizes:

A$.$revenues when cash is received and

expenses when cash is paid.

B$.$revenues when earned and expenses when

cash is paid.

C$.$revenues when cash is received and

expenses when incurred.

D$.$revenues when earned and expenses when

incurred.