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Complete the following table, Indicating the amount and direction of effect of each transaction on each ltem In Rockland Shoe Company's Income statement. Be sure

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Complete the following table, Indicating the amount and direction of effect of each transaction on each ltem In Rockland Shoe Company's Income statement. Be sure to compute the total effects in the final column. Rockland allows returns within only two weeks of the intal sale Enter eny decreases to account balances with a minus sign.) July 12 Rockland sold merchandise to Kristina Zee at its factory store. Kristina paid for the $7e5 purchase in cash. The goods cost Rockland $415 15 Sold merchandise to Shoe Express at a selling price of $8,58e, with terms n/38. Rockland's cost was $5,98 23 Shoe Express returned $2,888 of the shoes purchased July 15. The returned shoes were in perfect condition and had cost Rockland $1,5e 31 Shoe Express paid the balance owing after July 15 and 23 Transaction July 12 July 15 July 23 July 31 Totals Sales Revenue (gross) Sales Returns Net Sales Cost of Goods Sold Gross Profit

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