Proration is a process of allocating the shares among the shareholders of the acquired company. Proration occurs normally when the equity holders of the acquired company are given an option of cash or equity-based settlement in exchange for control over the acquired company. The proration will occur if all the available cash is used to satisfy the shareholders and the remaining consideration of the acquisition can only be settled in equity as a proration by allotting the shares in acquiring company.
Proration also happens in the process of liquidation where the liabilities are settled immediately and the remainder is distributed among shareholders as per share holding.
Grace, James, Helen, and Charles each own equal interests
Keezel Company uses normal costing in its job-costing system.
Sean is admitted to the calendar year XYZ Partnership on December 1
The following T-accounts represent November activity: /
On January of the current year, Becky (20%), Chuck
The Zaf Radiator Company uses a normal-costing system with a
S. Sridhar, adapted Northley Industries is a manufacturer of sailboats
Delcour Manufacturing budgeted $325,000 and incurred $337,
Nicole Limited is a company that produces machinery to customer order.
Naf Radiator Company uses a normal costing system with a single manufacturing
