For each of the 10 accounts presented below, identify with a YES or NO whether each account is presented in the Income Statement OR Balance Sheet and whether it is included in the measurement of Gross Margin and/or Operating Income. Your income statement or balance sheet determination should be made before closing entries.

1.Cash 2.Cost of Goods Sold 3. Accumulated Depreciation 4.Transportation-In 5.Advertising Expense 6.Land 7.Allowance for Doubtful Accounts 8.Common Stock 9. Loss on Sale of Equipment 10.Sales Revenue