Answer:
a. Debit Equipment; Credit Cash.
Explanation:
Backhoe is a fixed asset therefore, cannot be categorized as an expenditure, further it is paid in cash therefore, cash account will be credited, and further
Equipment will be debited, as asset account is debited if created or any value added in it , also in categorization the equipment will be clubbed in fixed assets but directly the amount will not be debited to fixed assets.
Therefore correct entry will be:
Debit Equipment
Credit Cash
Projectized organizations are especially effective at helping team members to maintain their discipline-specific competencies.
This statement is False.
A Projectized organization works by means of arranging activities into portfolios or applications and executing them via projects. In these kinds of systems, the mission supervisor is the final authority over the venture they are coping with. The team that is operating on the task reviews entirely to them.
Benefits of a Projectized Organizational shape the project team contributors at once record to the assignment supervisor which enables selection making quicker. sturdy conversation lines may be established by a few of the project team participants. group members work in dynamic and adaptive surroundings.
Learn more about Projectized Organizational here: brainly.com/question/13945253
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Answer:
B. False
Explanation:
As the name suggests that crowdfunding refers to the funding for a project by having a small amount from the public at large in an internet
Since in the question it is mentioned that the founders should put efforts for giving the high stake of ownership with respect to high contributors before raising the funds to launch a product in the market
But this above requirement should not be necessary
Therefore the given statement is false
Answer:
Debt
Explanation:
Debt is the lowest cost source of financing because the <em>interest</em> return given to holders of debt has a <em>tax shield</em> (tax deductible) that is provided by the Section 11j of the Income tax Act.
The other sources of finance give a return in form of <em>dividends</em>. Dividends are are not tax deductible hence they attract a huge cost.