Question: I don't know why I got wrong on these two blanks. Please help me on these! Appreciate it! https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=assignments&takeAssignmentSessionLocator=assignment-take&inprogress=false Chapter 5 Homework 1 eBook Calculator

 I don't know why I got wrong on these two blanks.

I don't know why I got wrong on these two blanks. Please help me on these! Appreciate it!

Please help me on these! Appreciate it! https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=assignments&takeAssignmentSessionLocator=assignment-take&inprogress=false Chapter 5 Homework 1eBook Calculator 1. PR.05.07A Walgreens Boots Alliance's Sales, Cost of Goods Sold,

https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=assignments&takeAssignmentSessionLocator=assignment-take&inprogress=false Chapter 5 Homework 1 eBook Calculator 1. PR.05.07A Walgreens Boots Alliance's Sales, Cost of Goods Sold, and Gross Profit The following information was summarized from the consolidated balance sheets of Walgreens Boots Alliance, Inc. and Subsidiaries (the company created with the combination of Walgreens and Boots 2. PR.05.08A Alliance) as of August 31, 2015 and 2014 and the consolidated statements of earnings for the years ended August 31, 2015 and 2014. All amounts are from Walgreens Boots Alliance's 2015 Form 10- 3. DC.07.03 K. 4. DC.07.04 (millions of dollars) 2015 2014 Accounts receivable, net $6,849 3,218 Cost of sales 76,520 54,823 Inventories 8,678 6,076 Net sales 103,444 76,392 Required: Enter all amounts in millions of dollars, For example, 12,400,000,000 would be entered as 12,400. 1. Identify and analyze the effect of the transaction to record collection of the accounts receivable outstanding on August 31, 2014. Activity Operating V Accounts Cash Increase, Accounts Receivable Decrease V Statement(s) Balance Sheet only V Feedback Check My Work How does this entry affect the accounting equation?

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