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