b. Use the financial statement effects template to record the following transaction: On March 4, an internet customer places an order for $3,600 and pays online with a credit card (which is equivalent to cash for accounting purposes). The goods are shipped from the warehouse on March 6, and FedEx confirms delivery on March 7. Ignore shipping costs, sales tax, and returns.

Note: Use negative signs with answers when appropriate. Note: If an answer field is not needed, leave it blank (not all answer fields will be used). Note: Round answers to the nearest dollar, if applicable.

		BALANCE SHEET	INCOME STATEMENT
		Cash	Noncash		Contributed	Earned			Net
	Transaction	Asset	Assets	Liabilities	Capital	Capital	Revenue	Expenses	Income
	March 4: Online sale	Answer 61	Answer 62	Answer 63	Answer 64	Answer 65	Answer 66	Answer 67	Answer 68
		Answer 69CashAcct RecAllow Sale RetrnIntrst RecInventorySuppliesPrepd AdvrtPrepd RentPrepd InsEquipmentAccum DeprAcct PaySalary PaySale Tax PayRent PayUtil PayIntrst PayUnearn RevLT DebtNote PayPrefrd StkComm StkAPICRet EarnDividendsRevenueCOGSAdvrt ExpDepr ExpFuel ExpIns ExpRent ExpSupply ExpUtil ExpSalary ExpIntrst ExpIntrst IncN/A	Answer 70CashAcct RecAllow Sale RetrnIntrst RecInventorySuppliesPrepd AdvrtPrepd RentPrepd InsEquipmentAccum DeprAcct PaySalary PaySale Tax PayRent PayUtil PayIntrst PayUnearn RevLT DebtNote PayPrefrd StkComm StkAPICRet EarnDividendsRevenueCOGSAdvrt ExpDepr ExpFuel ExpIns ExpRent ExpSupply ExpUtil ExpSalary ExpIntrst ExpIntrst IncN/A	Answer 71CashAcct RecAllow Sale RetrnIntrst RecInventorySuppliesPrepd AdvrtPrepd RentPrepd InsEquipmentAccum DeprAcct PaySalary PaySale Tax PayRent PayUtil PayIntrst PayUnearn RevLT DebtNote PayPrefrd StkComm StkAPICRet EarnDividendsRevenueCOGSAdvrt ExpDepr ExpFuel ExpIns ExpRent ExpSupply ExpUtil ExpSalary ExpIntrst ExpIntrst IncN/A	Answer 72CashAcct RecAllow Sale RetrnIntrst RecInventorySuppliesPrepd AdvrtPrepd RentPrepd InsEquipmentAccum DeprAcct PaySalary PaySale Tax PayRent PayUtil PayIntrst PayUnearn RevLT DebtNote PayPrefrd StkComm StkAPICRet EarnDividendsRevenueCOGSAdvrt ExpDepr ExpFuel ExpIns ExpRent ExpSupply ExpUtil ExpSalary ExpIntrst ExpIntrst IncN/A	Answer 73CashAcct RecAllow Sale RetrnIntrst RecInventorySuppliesPrepd AdvrtPrepd RentPrepd InsEquipmentAccum DeprAcct PaySalary PaySale Tax PayRent PayUtil PayIntrst PayUnearn RevLT DebtNote PayPrefrd StkComm StkAPICRet EarnDividendsRevenueCOGSAdvrt ExpDepr ExpFuel ExpIns ExpRent ExpSupply ExpUtil ExpSalary ExpIntrst ExpIntrst IncN/A	Answer 74CashAcct RecAllow Sale RetrnIntrst RecInventorySuppliesPrepd AdvrtPrepd RentPrepd InsEquipmentAccum DeprAcct PaySalary PaySale Tax PayRent PayUtil PayIntrst PayUnearn RevLT DebtNote PayPrefrd StkComm StkAPICRet EarnDividendsRevenueCOGSAdvrt ExpDepr ExpFuel ExpIns ExpRent ExpSupply ExpUtil ExpSalary ExpIntrst ExpIntrst IncN/A	Answer 75CashAcct RecAllow Sale RetrnIntrst RecInventorySuppliesPrepd AdvrtPrepd RentPrepd InsEquipmentAccum DeprAcct PaySalary PaySale Tax PayRent PayUtil PayIntrst PayUnearn RevLT DebtNote PayPrefrd StkComm StkAPICRet EarnDividendsRevenueCOGSAdvrt ExpDepr ExpFuel ExpIns ExpRent ExpSupply ExpUtil ExpSalary ExpIntrst ExpIntrst IncN/A
	March 7: Goods delivered to customer	Answer 76	Answer 77	Answer 78	Answer 79	Answer 80	Answer 81	Answer 82	Answer 83
		Answer 84CashAcct RecAllow Sale RetrnIntrst RecInventorySuppliesPrepd AdvrtPrepd RentPrepd InsEquipmentAccum DeprAcct PaySalary PaySale Tax PayRent PayUtil PayIntrst PayUnearn RevLT DebtNote PayPrefrd StkComm StkAPICRet EarnDividendsRevenueCOGSAdvrt ExpDepr ExpFuel ExpIns ExpRent ExpSupply ExpUtil ExpSalary ExpIntrst ExpIntrst IncN/A	Answer 85CashAcct RecAllow Sale RetrnIntrst RecInventorySuppliesPrepd AdvrtPrepd RentPrepd InsEquipmentAccum DeprAcct PaySalary PaySale Tax PayRent PayUtil PayIntrst PayUnearn RevLT DebtNote PayPrefrd StkComm StkAPICRet EarnDividendsRevenueCOGSAdvrt ExpDepr ExpFuel ExpIns ExpRent ExpSupply ExpUtil ExpSalary ExpIntrst ExpIntrst IncN/A	Answer 86CashAcct RecAllow Sale RetrnIntrst RecInventorySuppliesPrepd AdvrtPrepd RentPrepd InsEquipmentAccum DeprAcct PaySalary PaySale Tax PayRent PayUtil PayIntrst PayUnearn RevLT DebtNote PayPrefrd StkComm StkAPICRet EarnDividendsRevenueCOGSAdvrt ExpDepr ExpFuel ExpIns ExpRent ExpSupply ExpUtil ExpSalary ExpIntrst ExpIntrst IncN/A	Answer 87CashAcct RecAllow Sale RetrnIntrst RecInventorySuppliesPrepd AdvrtPrepd RentPrepd InsEquipmentAccum DeprAcct PaySalary PaySale Tax PayRent PayUtil PayIntrst PayUnearn RevLT DebtNote PayPrefrd StkComm StkAPICRet EarnDividendsRevenueCOGSAdvrt ExpDepr ExpFuel ExpIns ExpRent ExpSupply ExpUtil ExpSalary ExpIntrst ExpIntrst IncN/A	Answer 88CashAcct RecAllow Sale RetrnIntrst RecInventorySuppliesPrepd AdvrtPrepd RentPrepd InsEquipmentAccum DeprAcct PaySalary PaySale Tax PayRent PayUtil PayIntrst PayUnearn RevLT DebtNote PayPrefrd StkComm StkAPICRet EarnDividendsRevenueCOGSAdvrt ExpDepr ExpFuel ExpIns ExpRent ExpSupply ExpUtil ExpSalary ExpIntrst ExpIntrst IncN/A	Answer 89CashAcct RecAllow Sale RetrnIntrst RecInventorySuppliesPrepd AdvrtPrepd RentPrepd InsEquipmentAccum DeprAcct PaySalary PaySale Tax PayRent PayUtil PayIntrst PayUnearn RevLT DebtNote PayPrefrd StkComm StkAPICRet EarnDividendsRevenueCOGSAdvrt ExpDepr ExpFuel ExpIns ExpRent ExpSupply ExpUtil ExpSalary ExpIntrst ExpIntrst IncN/A	Answer 90CashAcct RecAllow Sale RetrnIntrst RecInventorySuppliesPrepd AdvrtPrepd RentPrepd InsEquipmentAccum DeprAcct PaySalary PaySale Tax PayRent PayUtil PayIntrst PayUnearn RevLT DebtNote PayPrefrd StkComm StkAPICRet EarnDividendsRevenueCOGSAdvrt ExpDepr ExpFuel ExpIns ExpRent ExpSupply ExpUtil ExpSalary ExpIntrst ExpIntrst IncN/A