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