Identify with a Y (YES) or N (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.

Account Number	Income Statement	Balance Sheet	Gross Margin	Operating Income
EXAMPLE Land	N	Y	N	N
1. Cash
2. Sales Revenue
3. Cost of goods sold
4. Merchandise Inventory
5. Transportation-in
6. Transportation-out
7. Selling expense
8. Common stock
9. Dividends
10. Gain on sale of land