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For each of the following (1)identify the type of account as an asset,liability,equity,revenue,or expense,and (2)identify the normal balance of the account.
Department 2
A designated segment within an organization, often used in context to differentiate varying functional areas or operational units.
Department 1
is a label often used to identify a specific segment, unit, or division within an organization, focusing on a particular set of functions or tasks.
Applied Factory Overhead
This represents the allocation of manufacturing overhead costs to individual units of production based on a predetermined rate or base.
Continuous Process
A manufacturing process where production flows continuously without interruption, typically in industries like chemicals or oil refining.
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