Answer: Encumbrance
Explanation: The commitment made by a governmental unit to buy some product for use in administration is recorded in the general fund as an encumbrance which is defined as an interest, right, burden or liability that must be carried. As such, an encumbrance ensures that there will be enough funds available for the payment of certain governmental obligations and commonly refers to restricted funds in the general fund account.
Answer:
Merger premium per share is equal to $2
Explanation:
Step 1. Given information.
- 1500 shares outstanding
- market price of 22
- Blackstone has 2.500 shares
- Outstanding price 38
- Blackstone acquire Rudy's for $36.000
Step 2. Formulas needed to solve the exercise.
Merger premium per share = (Blackstone acquire Rudy's /shares outstanding) - market price
Step 3. Calculation.
Merger premium per share = ($36,000/1,500) - $22 = $2
Step 4. Solution.
Merger premium per share is equal to $2
Answer:
Equivalent unit of conversion = Unit completed and transferred out+Ending WIP*Percent completion
= 15000+(3000*75%)
Equivalent unit of conversion = 17250
Total cost of conversion cost = 4500+32450+18710 = 55660
Cost per equivalent unit of conversion Cost = Total Cost/Equivalent unit = 55660/17250 = 3.23
<u>Solution and Explanation:</u>
The following guidelines as per the previously issued FASB statements of the Financial Accounting Standards, and APB Opinions, or the accounting research bulletins and the staff positions.
<u>The appropriate match for the each of the pronouncement is as follows:
</u>
1. E (Interpretations)
2. C (Technical Bulletins)
3. B (Opinions)
4. D (Statements of Financial Accounting Concepts)
5. G (Accounting Research Bulletins)
6. A (The statements of the Financial Accounting Standards)
7. F (The Staff Positions)
