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