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siniylev [52]
3 years ago
7

To create a validation rule for the state field to restrict entries to tn or tx, enter ________ in the validation rule property

box.
Business
1 answer:
Inessa [10]3 years ago
5 0

The answer is “T?”. Validation is the action wherein the computer or the system checks and verifies that data that has been entered in a computer is functional. Checked data comes in various forms and is checked in various ways, which is why there is a thing called the validation rules. These rules should be complied by the entered data to be considered as a valid entry to the system.

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It’s practical qualifications that basically relate to a specific job or career sector.
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Lorenzo Company uses a job order costing system that charges overhead to jobs on the basis of direct materials cost. At year-end
Helen [10]

Answer:

See below

Explanation:

Required 1

Overhead rate

= Overhead costs ÷ Direct material cost

= [$612,000 ÷ $1,800,000] × 100

= 34%

Required 2

Total cost of job in process

$90,000

Less: Materials cost of job in process

($27,000)

Less: Overhead applied (34% × $27,000)

($9,180)

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3 years ago
When Patey Pontoons issued 6% bonds on January 1, 2018, with a face amount of $600,000, the market yield for bonds of similar ri
Sliva [168]

Answer:

<u>1.- issued at : </u>$579,378

<u></u>

<u>2.- the schedule is attached.</u>

<u></u>

<u>3 and 4.- journal entries</u>

cash                                     579,378 debit

discount on bonds payable 20,622 debit

         bonds payabe                        600,000 credit

--to record issuance-------

interest expense 20278.23 debit

        discount on bonds payable     2278.23 credit

        cash                                  18000 credit

--to record June 30th payment---

<u>5.-At December 31th 2018 will report as follow:</u>

bonds payable        600,000

discount on bonds    (15,986)

                           net 584,014

<u>6.- it will report interest expense for:</u>

20,278.23 June

20,357.97 December

total: 40.636,2‬

7.- maturity:

interest expense 20,898.55

discount on bonds payable 2,898.55

cash 618,000

Explanation:

For the value of the bonds at issuance, we will calcualtethe present value of the coupon payment and the maturity at market rate.

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 18,000 ( 600,000 x 0.06/2)

time 8 (4 years x 2 payment per year

rate 0.035(market rate / 2)

18000 \times \frac{1-(1+0.035)^{-8} }{0.035} = PV\\

PV $123,731.1997

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   600,000.00

time   8.00

rate  0.035

\frac{600000}{(1 + 0.035)^{8} } = PV  

PV   455,646.93

PV c $123,731.1997

PV m  $455,646.9337

Total $579,378.1334

for the schedule we will multuply the carrying value by the market rate.

the ncompare with the proceed in cash to know the amortizaiton.

This amortization will increase the carrying value of the loan.

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Local
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