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The Profession of Accounting
The Balance Sheet
49 other sections not shown
absorption costing accounting information accounting period accounts receivable activities adjusting entry adjustment allocated amount analysis balance sheet bond book value budget calculated cash flow statement cash inflows Chapter CM CM CM common stock company's concept corporation cost centers cost object cost of sales cost system current liabilities debit debt described difference direct labor costs discount dividends entity entry equipment equity estimated example FASB financial accounting financial statements fixed costs full cost GAAP gross margin income statement income tax increase incurred indirect costs investment LIFO management accounting margin variance measure method operations organization overhead costs overhead rate payments percent performance present value problems production volume profit purchase ratio recorded reported responsibility center retained earnings sales revenue sales volume semivariable share shareholders shown in Illustration sold standard cost standard volume tax expense transactions unit cost variable costing volume variance