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1. Which is listed first on a financial statement? a. revenues b. owner's equity c. liabilities d. assets abcd? 2. Southern Airways maintained a receivable

1. Which is listed first on a financial statement? a. revenues b. owner's equity c. liabilities d. assets

abcd?

2. Southern Airways maintained a receivable existed for the $2 million because it a. needed the balance sheet to look good for investors. b. maintained it could collect the $2 million from the Cuban government. c. believed the U.S. government would pay the ransom. d. returned to the U.S. with the ransom money.

abcd?

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