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