Please assist with the given problems. Choose an organization and answer the following questions.
Problem 1. What are its major source of revenues (include an explanation of what a revenue is).
Problem 2. Name three expenses involved in the operation of the business (discuss why they are matched to revenues).
Problem 3. Name three assets (was the purchase of these assets a financing, investing or operating activity)
Problem 4. Name three liabilities of the business (are these obligations met through payment or performance).
Problem 5. What is the business form?