Managerial Accounting Total Operating Expenses Liability Returns Matching Principle Gain Telephone Forensic Accounting Operating Profit Balance Sheet Tax Accounting Partnership Marketing Function Finance Function Manufacturing Sales > Expenses Corporation Depreciation IFRS Profit B- Corporation Net Income Stakeholders Net Sales Shipping, Labor, Materials Operating Expenses GAAP Internal Going Concern Concept Sales Revenue Owners Equity Expenses Fiscal Year Loss Sales < Expenses External Human Resources Function Income Statement IASB Revenue Monetary Unit Concept Retained Earnings COGS Conservatism Principle 3m S- Corporation Merchandising Financial Accounting Materiality Principle Principle Interest Production & Operation Function FASB Accrual Basis Company Name Cash Basis Sole Proprietorship 4q Assets = Liabilities + Owner's Equity Assets Periodicity Concept Gross Profit - Operating Expenses = _________ Public Accounting Gross Profit Service Capital Revenue Recognition Concept Rent Limited Liability Company Calendar Year Business Entity Concept Net Sales - COGS = _________ Income Taxes Accounting Information System Function Managerial Accounting Total Operating Expenses Liability Returns Matching Principle Gain Telephone Forensic Accounting Operating Profit Balance Sheet Tax Accounting Partnership Marketing Function Finance Function Manufacturing Sales > Expenses Corporation Depreciation IFRS Profit B- Corporation Net Income Stakeholders Net Sales Shipping, Labor, Materials Operating Expenses GAAP Internal Going Concern Concept Sales Revenue Owners Equity Expenses Fiscal Year Loss Sales < Expenses External Human Resources Function Income Statement IASB Revenue Monetary Unit Concept Retained Earnings COGS Conservatism Principle 3m S- Corporation Merchandising Financial Accounting Materiality Principle Principle Interest Production & Operation Function FASB Accrual Basis Company Name Cash Basis Sole Proprietorship 4q Assets = Liabilities + Owner's Equity Assets Periodicity Concept Gross Profit - Operating Expenses = _________ Public Accounting Gross Profit Service Capital Revenue Recognition Concept Rent Limited Liability Company Calendar Year Business Entity Concept Net Sales - COGS = _________ Income Taxes Accounting Information System Function
(Print)
Managerial Accounting
Total Operating Expenses
Liability
Returns
Matching Principle
Gain
Telephone
Forensic Accounting
Operating Profit
Balance Sheet
Tax Accounting
Partnership
Marketing Function
Finance Function
Manufacturing
Sales > Expenses
Corporation
Depreciation
IFRS
Profit
B-Corporation
Net Income
Stakeholders
Net Sales
Shipping, Labor, Materials
Operating Expenses
GAAP
Internal
Going Concern Concept
Sales Revenue
Owners Equity
Expenses
Fiscal Year
Loss
Sales < Expenses
External
Human Resources Function
Income Statement
IASB
Revenue
Monetary Unit Concept
Retained Earnings
COGS
Conservatism Principle
3m
S-Corporation
Merchandising
Financial Accounting
Materiality Principle Principle
Interest
Production & Operation Function
FASB
Accrual Basis
Company Name
Cash Basis
Sole Proprietorship
4q
Assets = Liabilities + Owner's Equity
Assets
Periodicity Concept
Gross Profit - Operating Expenses = _________
Public Accounting
Gross Profit
Service
Capital
Revenue Recognition Concept
Rent
Limited Liability Company
Calendar Year
Business Entity Concept
Net Sales - COGS = _________
Income
Taxes
Accounting Information System Function
