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Hequired intormation [The following information applies to the questions displayed below] The following ate the...

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Accounting

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Hequired intormation [The following information applies to the questions displayed below] The following ate the sales transactions of EcoMart Merchandising. EcoMart uses a perpetuarinwentory system and the gross method. October 6 . The entanec in the october 1 wale returned $160 of merchandise for full credit, the meechandise, whicb had cost 395 , is returnet to imrentery. Uis the above transactions, to analyze each transaction by indicuting iss effects on the components of the income statementspecificely, identify the accounts and amounts fincluding + of for each tran

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