Gap Inc.'s Sales, Cost of Goods Sold, and Gross Profit

The consolidated balance sheets of Gap Inc. included merchandise inventory in the amount of $1,598 as of January 30, 2016 (the end of fiscal year 2015) and $1,613 as of January 31, 2015 (the end of fiscal year 2014). Net sales were $14,549 and $14,670 at the end of fiscal years 2015 and 2014, respectively. Cost of goods sold and occupancy expenses were $9,270 and $8,793 at the end of fiscal years 2015 and 2014, respectively. All amounts are from Gap Inc.s 2015 Form 10-K.

1. Gap Inc. does not include accounts receivable on its balance sheet, most likely due to

A prohibition by its bankers to extend credit to its customers.Credit card sales and a lack of sales on credit.Rich clients who always pay cash.Sales Returns and AllowancesVery few credit transactions which are not reported due to materiality principle.Credit card sales and a lack of sales on credit.

2. Identify and analyze the transaction to record sales during the year ended January 30, 2016.

Activity	Operating
Accounts	Cash Increase, Sales Increase
Statement(s)	Balance Sheet and Income Statement

How does this entry affect the accounting equation? If a financial statement item is not affected, select "No Entry" and leave the amount box blank or enter "0". If the effect is negative, use the minus sign. Enter amounts in millions of dollars. For example, 12,400,000,000 would be entered as 12,400.

I need help figuring out the numbers for the accounting equation below.

How dows this entry athect the ackounting equation