Question: Check my work 3 Complete the following table, indicating the amount and direction of effect of each transaction on each item in Rockland Shoe Company's

Check my work 3 Complete the following table, indicating the amount and direction of effect of each transaction on each item in Rockland Shoe Company's income statement. Be sure to compute the total effects in the final column. Rockland allows returns within only two weeks of the initial sale. (Enter any decreases to account balances with a minus sign.) Rockland sold nerchandise to Kristina Zee at its factory store. kristina paid for the $458 purchase in cash. The goods cost Rockland $25e points 15 Sold merchandise to Shoe Express at a selling price of $4,see, with terms n/38. Rockland's cost was $2,9ee 23 Shoe Express returned $1,3ee of the shoes purchased J eBook uly 15. The returned shoes were in perfect condition and had cost Rockland $750 31 Shoe Express paid the balance owing after July 15 and 23. Print July 12 July 15 July 23 July 31 Totals Sales Revenue (gross) Sales Returns Net Sales Cost of Goods Sold Gross Profit K Prey 3 of 6 Next
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