5:42 book HERRE 3 190 Random 10 CA O TRIPTION EXPIRED Most of the features of Excel have been disabled. Reactivate TIONAL INFORMATION you need to make a quick edit before renewing your subscription, learn more about the Office Web Apps. Learn More =IF(D10","Your answer here",IF(D10='Do not use or delete'lD2, "Correct","Try again!")) D Instruction: Enter your answer in the cell highlighted in yellow 66 Gross Sales Retained Earnings (beginning) Sales returns, allowance and discounts COGS Cash (beginning balance) Dividend declared and paid 100 Capital Stock (beginning) 34 Selling, administrative & General expense 20 Gain from disposal of land 68 Interest expense 100 Income Taxes 12 6 4 2 3 Calculate: Net Sales Gross Margin Income from Operations Income before Income Taxes Net income Retained earnings (ending) Your answer here Your answer here Your answer here Your answer here Your answer here Your answer here B E 1) Assets Liability Shareholders' Equity 100 20 Your answer here 2) Assets: Cash Inventory 9 17 Your answer here Property, Plant, and Equipment Less: Accumulated Depreciation Total Assets -55 31 3) Cash Inventory Prepaid expenses Retained Earnings Intangible assets PP&E Unearned Revenue 800 900 150 230 170 750 130 Q1 Q2 Q3 Q4 Do not use or delete Do not use or delete (2)