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