Based on financial statement analysis

Give one example of operational liabilities. Explain why this item is operational. (10 pts, 50 words) If Jazeera Airways sells an online ticket, it charges the amount in advance. Although the customer has not traveled yet, Jazeera can record revenue because the money is already collected. (5 pts) 5 Select one: O True O False If a company estimates low allowances for the receivables, then the Total Assets on the balance sheet increase. (5 pts) Select one: O True O False