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