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dimulka [17.4K]
2 years ago
14

When coded in a WHERE clause, which search condition will return invoices when payment_date isn’t null and invoice_total is grea

ter than or equal to $500?
Business
1 answer:
tia_tia [17]2 years ago
4 0

<u>Answer:</u>

Option d is the correct answer, i.e; payment_date IS NOT NULL AND invoice_total >= 500

<u>Explanation:</u>

When coded in a WHERE clause, which search condition will return invoices when payment date isn’t null and invoice total is greater than or equal to $500 then payment_date IS NOT NULL AND invoice_total >= 500 and the remaining options are wrong.

Therefore, the Option with, i.e; payment_date IS NOT NULL AND invoice_total >= 500 is the correct answer.

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At December 31, 2020 the following balances existed on the books of Rentro Corporation: Bonds Payable $7,000,000 Discount on Bon
Tomtit [17]

Answer:

Loss on retirement of debt = $1,030,000

Explanation:

the company paid $7,070,000 in order to retire the bonds, and hte journal entry was:

Dr Bonds payable 7,000,000

Dr Loss on retirement of debt 1,030,000

    Cr Cash 7,070,000

    Cr Discount on bonds payable 960,000

Loss on retirement of debt = cash paid - carrying value = $7,070,000 - $6,040,000 = $1,030,000

6 0
3 years ago
20. The National Response Framework is a comprehensive guide to prevention, protection, response, recovery, and mitigation. A. T
Vlad1618 [11]

Answer:

Answer is option A, i.e. True.

Explanation:

The National Response Framework is a regarded as a comprehensive guide to deal with various emergencies and disasters that may threaten the normal ongoing process of a nation. This guide provides all the details regarding the prevention, protection, response,, and recovery from different types of dangerous situation that might adversely affect the well being of the nation.

8 0
3 years ago
A process control system costs $200,000, has a three year service life, and a salvage value of $20,000. Find the depreciation an
Advocard [28]

Answer:

A.

Depreciation expense each of the three years would be $60,000

Book value at the end of year 1 = $140,000

Book value at the end of year 2 =$80,000

Book value at the end of year 3 =  $20,000

B.

Depreciation expense in year 1 =$90,000

Depreciation expense in year 2 =$60,000

Depreciation expense in year 3 =$30,000

Book value at the end of year 1 =$110,000

Book value at the end of year 2 = $50,000

Book value at the end of year 3 =  $20,000

C.

Depreciation expense in year 1 = $133,333.33

Book value at the end of year 1 = $66,666.67

Depreciation expense in year 2 =  $44,444.45

Book value at the end of year 2 = $22,222.22

Depreciation expense in year 3 = $14,814.16

Book value at the end of year 3 = $7,407.40

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($200,000 - $20,000) / 3 = $60,000

Depreciation expense each of the three years would be $60,000

Book value at the end of year 1 = $200,000 - $60,000 = $140,000

Book value at the end of year 2 =  $140,000 - $60,000 = $80,000

Book value at the end of year 3 = $80,000 - $60,000 = $20,000

Sum-of-the-year digits = (remaining useful life / sum of the years ) x  (Cost of asset - Salvage value)

Sum of the years = 1 + 2 + 3 = 6 years

Depreciation expense in year 1 = (3/6) x ($200,000 - $20,000) = $90,000

Depreciation expense in year 2 = (2/6) x ($200,000 - $20,000) = $60,000

Depreciation expense in year 3 = (1/6) x ($200,000 - $20,000) = $30,000

Book value at the end of year 1 = $200,000 - $90,000 = $110,000

Book value at the end of year 2 = $110,000 - $60,000 = $50,000

Book value at the end of year 3 = $50,000 - $30,000 = $20,000

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life) = 2/3

Depreciation expense in year 1 = (2/3) x $200,000 = $133,333.33

Book value at the end of year 1 = $200,000 - $133,333.33 = $66,666.67

Depreciation expense in year 2 = (2/3) x $66,666.67 = $44,444.45

Book value at the end of year 2 = $66,666.67 - $44,444.45= $22,222.22

Depreciation expense in year 3 = (2/3) x$22,222.22 = $14,814.16

Book value at the end of year 3 =$22,222.22 - $14,814.16 = $7,407.40

4 0
3 years ago
On August 2, Jun Co. receives a $8,000, 90-day, 11.0% note from customer Ryan Albany as payment on his $8,000 account receivable
GarryVolchara [31]

Answer:

August 2    Notes Receivable                   8000 Dr

                           Accounts Receivable- Ryan         8000 Cr

October 30  Interest receivable                  220 Dr

                          Interest Revenue                          220 Cr

October 31   Cash                                        8220 Dr

                            Notes Receivable                    8000 Cr

                            Interest Receivable                   220 Cr

Explanation:

When we receive the Note against the Accounts Receivable, we will credit the Accounts Receivable to close the account of Ryan and create a new current asset account of Notes Receivable on August 2.

On October 30, 90 days period of Note is complete so we will record the interest that is receivable for us on this note.

  • Interest Receivable = 8000 * 11% * 90/360  = $220

We record this as Interest Receivable as we have not received this and credit Interest revenue as it is our income.

On 31 October, when we receive cash it will be total of Notes payable and Interest so we will debit cash by 8220 and credit the Notes payable and interest receivable.

8 0
3 years ago
In the summer of 2002, the euro was valued at slightly less than US$1. By 2008, it had risen to an all-time high of $1.60, but i
Kisachek [45]

The answer is foreign currency fluctuations.

Foreign currency fluctuations are basically the change in the values of currencies based on the demand of that currency.

In other words, the more the number of investors invests in the stocks regulated by the stock market to buy exports of any country, the more will be the value of the currency of that particular country and vice versa.

Foreign currency fluctuation occurs for all floating currencies all over the world.

Since in the given case, the value of the euro changes from US$1 to US$1.60 from 2002 to 2008 respectively.

Hence, this change in value is called Foreign currency fluctuations.

Learn more about Demand:

brainly.com/question/1245771

#SPJ4

8 0
1 year ago
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