The Following Amounts Are on the Riley's Clothing Worksheet for the Month

Short Answer

The following amounts are on the Riley's Clothing worksheet for the month ended March 30.
Required: Calculate the following:
a. Net sales
b. Gross profit
c. Operating expenses
d. Other revenue
e. Net income
$$\begin{array} { l c r } \text { Account } & { \text { Income Statement } } \\& \text { Debit } & \begin{array} { r } \text { Credit }\end{array} \\\text { Sales } & & 35 \\\text { Sales Returns and Allowances } & 4 & \\\text { Sales Discounts } & 2 & \\\text { Cost of Goods Sold } & 10 & \\\text { Salaries Expense } & 8 & \\\text { Rent Expense } & 5 & \\\text { Depreciation Expense } & 2 & \\\text { Interest Revenue } & &2\end{array}$$