Answer:
Departmentalization
Explanation:
The departmentalization refer to the framework of the organization that involves various types of departments like finance, accounting, human resource, marketing, sales and services, etc
It is important to setting up each department so that the day to day task could be accomplished with the specified time and the company could achieve its organizational objectives
Therefore, as per the given situation, the most appropriate answer is departmentalization
Answer:
b) balance sheet
Explanation:
Balance sheet: The assets liabilities and stockholder equity are reported in the balance sheet. The accounting equation that is displayed below is used in this:
Total assets = Total liabilities + stockholder equity
The balance sheet debit and credit side should always be equal and balanced.
In addition, it is always prepared on the date specified plus it is also reflects the financial position, financial performance of the company.
Answer:
The answer is E. $24,000
Explanation:
Straight line depreciation method equals
Cost of asset - salvage value / number of years.
Cost of asset is $135,000
Salvage value is $15,000
Number of years is 5 years
$135,000 - $15,000/5 years
$120,000/5 years
=$24,000
Straight line method of depreciation has equal amount all through the year.
The first year through it end life.
Therefore, machines' first year depreciation under the straight-line method is $24,000
Answer :It doesn't allow the entrepreneur to raise enough money. -A.
