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Carattere All Santa RATA 2015 transactions Adjusted trial Balance debit credit debit credit 1 2 3 4 Cash 5 Acc. Receivable 6 Inventory 7 8

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Carattere All Santa RATA 2015 transactions Adjusted trial Balance debit credit debit credit 1 2 3 4 Cash 5 Acc. Receivable 6 Inventory 7 8 9 10 Post Closing trial Balance 1/1/2015 debit credit $21,248 $ 2.050 $19, 102 N Commercial Invoices Service date Billed Cash Collection Date cost of goods sold 1/31/2015 $ 200,000 3/31/2015 $ 150,000 5/6/2015 $ 300,000 7/6/2015 $ 250,000 10/11/2015 $400,000 17/11/2013 $ 300,000 Mary is required to prepare the financial statements of a company using a spreadsheet similar to the one you used in the homework assignment. The columns K:P present partial data about the commercial invoices billed to the customers of the company. What should Mary write in the cell E4? a. =M3+M4+M5 b. = P3+ P4+ P5 C. =(M3+M4+M5) - (P3+ P4+ P5) d. =M3+M4

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