On 2/15/20, World Series Inc. purchased $600 of inventory (60% of the purchase was paid in cash).

Please fill out these boxes:

for ALL of these boxes, you can choose - which indicates that none of the answers are applicable

Balance Sheet

cash asset box: -600, -360, -240, 240, 360, 600

Non-cash assets box 1: -600, -360, -240, 240, 360, 600

Non-cash assets box 2: Accounts payable, COGS, Inventory, Property plant and equipment, retained earnings

Liabilities box 1:-600, -360, -240, 240, 360, 600

Liabilities box 2: Accounts payable, COGS, Inventory, Property plant and equipment, retained earnings

contrib capital box 1: -600, -360, -240, 240, 360, 600

contrib capital box 2: Accounts payable, COGS, Inventory, Property plant and equipment, retained earnings

earned capital box 1: -600, -360, -240, 240, 360, 600

earned capital box 2: Accounts payable, COGS, Inventory, Property plant and equipment, retained earnings

Income Statement

revenues box 1: 240, 360, 600

revenues box 2: Accounts payable, COGS, Sales revenue

expenses box 1: 240, 360, 600

expenses box 2: Accounts payable, COGS, Sales revenue

net income: -600, -360, -240, 240, 360, 600

On 2/15/20, World Series Inc. purchased $600 of inventory (60% of the purchase was paid in cash). Balance Sheet: Income Statement