Which statement below is not a guideline for developing an organizational chart? A. Make sure the CEO of the firm does not also carry the title of President. B. Avoid a functional-type structure for all but the smallest firms. C. Make sure the chair of the board is not also the CEO or president of the company. D. Make sure every executive has one boss; lines in the chart should be drawn accordingly, assuring unity of command. E. Make sure only presidents of divisions report to the CEO.

Ashare stock is a small piece of ownership in a company ture or false

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Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)