Answer:
1) open the table in Design view
2) select the field
3) on the field properties general tab, in the Validation Text box, type the message
4) save the changes to the table
Explanation:
edg 2021
Answer:
B) Bootstrapping
Explanation:
Usually established businesses self finance themselves by setting a retained earnings amount that can be used for financing new or existing projects instead of being distributed to its owners (or shareholders) and without having to borrow money.
Bootstrapping refers to setting a company and making it grow without using loaned money. This means that the business either grows with money that its owners put into it, or by setting aside retained earnings.
Dec 31
Dr Interest expense $72,000
Cr Interest Payable $72,000
($900,000*9%)
(Being to record the first year interest expense accrued)
<h3>What is Interest Payable? </h3>
Interest Payable is a liability account, shown on a company's balance sheet, which represents the amount of interest expense that has accrued to date but has not been paid as of the date on the balance sheet.
In short, it represents the amount of interest currently owed to lenders.
<h3>Is interest payable an asset?</h3>
Interest payable is a liability, and is usually found within the current liabilities section of the balance sheet.
Learn more about interest payable here:
<h3>
brainly.com/question/14608867</h3><h3 /><h3>#SPJ4</h3>
Answer:
Explanation:
Step 1
The pro forma income statement of Crosby Inc is as follows, in attachment
Step 2
The excel workings for pro forma income statement of Crosby Inc. is shown below,
Step 3
The pro forma balance sheet of Crosby Inc is as follow...
Answer:
Present Value of Annuity is $1,263,487
Explanation:
A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.
Formula for Present value of annuity is as follow
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
Where
P = Annual payment = $91,000
r = rate of return = 5.15%
n = number of years = 25 years
PV of annuity = $91,000 x [ ( 1- ( 1+ 0.0515 )^-25 ) / 0.0515 ]
PV of Annuity = $1,263,487
