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