Structure of the PROMOTION Table​

question 3

Multiple Choice

Structure of the PROMOTION table​

-​Which of the following commands will change the name of the PROMOTION table to GIFT?

• A) ALTER TABLE promotion NAME TO gift​
• B) ​ALTER TABLE promotion TO gift;
• C) ​RENAME TABLE promotion TO gift;
• D) ​RENAME promotion TO gift;

Set up and utilize T accounts for common transactions and prepare a trial balance.

Identify and correct common journalizing and posting errors.

Perform journal entries for various business transactions, applying the double-entry bookkeeping system.

Calculate the cash balance at the beginning and end of a period given transactions data.

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Definitions:

Interest Rate

The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal, typically on an annual basis.

Discount Rate

Within DCF analysis, it's the rate employed to compute the present economic value of expected future cash inflows.

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specific interest rate.

Compound Rate

The rate at which interest on an investment or loan is calculated on both the initial principal and the accumulated interest from previous periods.