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vesna_86 [32]
3 years ago
7

In order to summarize data in a report and override the sort order of the record source you would use:

Business
1 answer:
olga55 [171]3 years ago
7 0
<span>In order to summarize data in a report and override the sort order of the record source you would use: the group, sort, and total pane.

When using Microsoft Access the group, sort, and total pane are the functions and keys you would use to summarize data. There is also a shortcut section where you can search for the appropriate tools to use depending on what you need to do with your report. 
</span>
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3 years ago
On January 1, 2021, White Water issues $570,000 of 7% bonds, due in 10 years, with interest payable annually on December 31 each
monitta

Answer:

White Water

1. Schedule

Date            Cash Paid     Interest Expense   Increase in Carrying value  FV

01/01/2021 0                                                                           $570,000.00

12/31/2021    $39,900.0       $39,900.00     0                       $570,000.00

12/31/2022  $39,900.0       $39,900.00     0                       $570,000.00

2. January 1, 2021:

Debit Cash $570,000

Credit 7% Bonds Payable $570,000

To record the issue of bonds for cash.

December 31, 2021:

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Credit Cash $39,900

To record the first interest payment.

December 31, 2022:

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Credit Cash $39,900

To record the second interest payment.

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