A Reinforced Concrete Floor Is Framed with Beams Spaced 30

question 44

Essay

A reinforced concrete floor is framed with beams spaced 30 ft on center in one direction and 20 ft on center in the other direction. Are the slabs that span between the beams one- way slabs or two- way slabs, or does the floor have a combination of these two? Give reason(s)for your answer.

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Definitions:

Prepaid Expense

Expenses paid in advance and recorded as assets until they are used or consumed.

Periodicity Assumption

An accounting principle that divides the ongoing activities of a business into set periods of time, such as months or years, to produce financial statements for those periods.

Adjusting Entries

Journal entries made in accounting records at the end of an accounting period to allocate income and expenditure to the period they actually belong.

Service-Type Business

A service-type business is an entity that provides intangible products or services to customers, rather than physical goods.