A Procedure in an Application Needs to Store Data Used

question 19

Short Answer

A procedure in an application needs to store data used to calculate the total price of purchasing tires.The price of the tires will contain a decimal place.The number of tires will always be a whole number.Write the appropriate Dim statements to declare the variables.Make sure to use appropriate naming conventions.

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Definitions:

Closing Entries

Journal entries made at the end of an accounting period to transfer balances from temporary accounts to permanent accounts.

Revenue

The aggregate revenue from selling goods or services, which constitute a firm's central business functions.

Expense Accounts

Accounts used to record the consumption of assets or services that result in a decrease in owner's equity, excluding the withdrawal of business assets by the owner.

Income Summary Account

A temporary accounting ledger that aggregates all income and expenses over a period to calculate net profit or loss.