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solve all the questions solve the alll questions plz Question 6 Estimated Inventory Returns Not yet Marked out of 100 Select one: O none are

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solve the alll questions plz Question 6 Estimated Inventory Returns Not yet Marked out of 100 Select one: O none are correct appears on the statement of income has a normal debit balance is a liability account question On 7 100 mo Use the following information to answer question below. Cost of goods sold $434,000 Income tax expense 67,200 Operating expenses 344000 Sales 1,100,000 The gross profit margin would be Question 8 Which of the following would not be included as an operating expense on the statement of income? answered Marked out of 100 P Flag question Select one loss on sale of equipment O insurance expense O interest expense O depreciation expense Obtes expense Clear my choice Income is $15,000, operating expenses are $20,000, income tax expense is $3,000, and sales are $75,000. Cross profit margin is Giving a customer a sales allowance Select one: o increases the amount of cost of goods sold. increases the amount of Refund Liability. reduces the amount of Refund Liability reduces the amount of cost of goods sold. Clear my choice

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