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stellarik [79]
3 years ago
5

Even with industry interconnected, where an improvement in one area led to improvements in other areas, there was one dual found

ation on which the rest was built; that foundation was:
Business
1 answer:
Katyanochek1 [597]3 years ago
5 0

Answer:Even with industry interconnected, where an improvement in one area led to improvements in other areas, there was one dual foundation on which the rest was built; that foundation was Steam And Speed

<u>Explanation:</u>

The dual foundation is steam and speed. Steam here means steam engines, with the invention of steam engines the industry grew rapidly as it made transportation very easy. These steam engines further contributed to speed.

Speed also plays a major role in the growth of the industry. The speed of transportation increased and this resulted in quick delivery of various goods from one place to another. So both steam and speed led to the growth and development in an industry.

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The balance in Discount on Bonds Payable that is applicable to bonds due in three years would be reported on the balance sheet i
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Some of the examples long-term liabilities are;

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4 0
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