The owner of a small consulting business paid for a new copy ...

[swpotter12]

The owner of a small consulting business paid for a new copy machine on his company credit card. This item is listed as ___________ on the company's balance sheet.
 A) owner's equity
  B) loans payable
  C) an asset
  D) a liability
  E) inventory

Question 2

A software design firm has many knowledgeable employees who are able to make decisions in order to best meet their clients' needs. This organization likely has:
 A) a tall span of management and a narrow organizational height.
  B) a narrow span of management and a flat organizational height.
  C) a narrow span of management and a tall organizational height.
  D) a wide span of management and a tall organizational height.
  E) a wide span of management and flat organizational height.

[Jayson]

Answer to Question 1

D

Answer to Question 2

A

[swpotter12]

Thanks for the timely response, appreciate it

[Sarahjh]

Great answer, keep it coming