Fred will either have to pay more than he proposed or Barney would be able to open his business in the same city
Answer:
The adjusting entry will be shown below:
Explanation:
The adjusting journal which is to be recorded in the following case will be:
Office Supplies expense A/c..............................Dr $2,275
Office Supplies A/c.........................................Cr $2,275
As the amount $3,900 is already debited and at the year end, the remaining amount of office will be posted to the account of the office supplies expense against the office supplies account.
Working Note:
Amount = Debited amount of office supplies - Offices supplies on hand
= $3,900 - $1,625
= $2,275
What are asking I am confused
Answer: Add and delete divisions
Explanation:
The process structure in organizations is when the organization is divided into different departments such that they're all related to each other for organizational goals to be achieved.
The divisions can include sales, research, manufacturing etc. It brings about more competition among the departments, focuses on customers and brings about flexibility.
Therefore, the disadvantage will be "Add and delete divisions".
