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The Income Statement 15 Revenue 15 Costs 16 Disposition of Costs
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Accounts payable Accounts receivable Accrued expenses adjusted administrative expenses Allowance for depreciation American Accounting Association amount assets and current assets and liabilities average bad debts capital stock cash basis causes of change cent Certified Public Accountants Chart of trends commodity volume common stock comparative balance sheet comparative common-size comparison computation cost creditors current assets current liabilities current ratio Debit deducted delivery equipment Depreciation of delivery dividend dollars elimination Ended December 31 enterprise equity factors Federal income taxes fixed assets funds Furniture and fixtures gross margin illustration indicates investment Liabilities and Capital long-term liabilities loss measure ment Merchandise inventory method non-current assets Notes receivable obtained operations Organization expense percentages period preferred stock Prepaid expenses price level procedure result retained earnings revenue Sale of furniture selling expenses selling prices sold Statement of Causes stockholders structural ratios Total current treasury stock trend ratios usually variation various