Journal entries if the following line items are given as adjustment in balance sheet and p l a/c Fire accident of inventory Case 1. No insurance coverage Case 2.partly insurance coverage Case 3. Fully insurance coverage
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2176Post New Capital IQ Accounting AllOther Interview Questions
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A company pays its salespeople on a commission basis. The salespeople receive $200 per week plus 9 percent of their gross sales for that week. For example, a saleperson who sells $5000 worth of merchandise in a week receives $200 plus 9 percent of $5000, or a total of $650. You have been supplied with a list of items sold by each salesperson. The values of these items are as follows: Item Value A 239.99 B 129.75 C 99.95 D 350.89 Write a program that inputs one salesperson's items sold in a week (how many of item A? of item B? etc.) and calculates and displays that salesperson's earnings for that week.