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:
c: C increases by $8,500 and the MB increases by $8,500
Explanation:
If the Federal Reserve buys $8,500 in securities from non-bank public and then payment is kept from the bank in form of cash, theC increases by $8,500 and the MB increases by $8,500
Answer: D
Explanation:
The ability to make sound, timely decisions during an emergency is critical. Effective decision making can ,Avoid tragedy ,help manage incidents.
build community trust and support.
help the community recover from an event more quickly. Conversely, poor decision making or the absence of decisions potentially can result in injury or death to victims and/or responders.
Current balance in the general ledger cash account is $5,320
Explanation:
General ledger
Opening balance $4,000
(Add)
A note collected by a customer $1,000
interest collected by a customer $40
NSF check from a customer $300.
------------------
$5,340
(Less) bank service charges $20
---------------
Balance in the general ledger
cash account is $5,320
current balance in the ledger cash account =
( $4,000+ $1000+ $40+ $300- $20= $5320)
At the time of the arrive deal, both the dealer and buyer account for the exchange as in the event that it were entered into with an irrelevant commerce.
What Is the Impact of the Intercompany Deal of Arrive on Solidified Net Income?
When a gather of two or more businesses is required to report money related comes about on a solidified premise, for the most part acknowledged bookkeeping standards, or GAAP, require the end of intercompany deals amid the combination prepare. Disposing of the intercompany deal of arrive has an prompt impact on the sum of solidified net salary detailed on the benefit and misfortune explanation. The fundamental disposal sections can influence future solidified net salary in case the arrive is ever sold to an disconnected party.
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