Answer:
Modular Organization
Explanation:
One main characteristics of Modular Organization is that the organization is divided into several smaller groups. These smaller groups will be assigned with their own purpose/objectives and collectively the result of their works will be combined to achieve the goal of the organizations.
Example of this would be when car manufacturer divided its workers into several groups that focus on producing one specific part of the car (the wheel groups, the painting groups, the seat groups, the machine groups, etc)
So, when an entity consist of several teams, divisions, groups, branches, etc , we can say that the business adopt modular organization characteristics.
Answer:
d. $19,200
Explanation:
Turner Company issued $300,000 of 6%, 5-year bonds at 98. Assuming straight-line amortization and annual interest payments, how much bond interest expense is recorded on the next interest date?.
=($300,000 x 6% plus $6,000/5)
Therefore the correct answer is d)$19,200
The answer is A)an increase in owner's equity