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