Accounting Principles |
Contents
ences Similarities Source Disciplines Types of Management | 3 |
Changes in the Developments in accounting particularly financial accounting have con | 8 |
The Balance Sheet | 21 |
Copyright | |
28 other sections not shown
Common terms and phrases
accounting information accounting period accounting principles accounting records Accounts Payable accounts receivable Accumulated Depreciation activities actual adjusting entries amortization amount balance sheet bond book value calculated called cash flow statement cash inflows Chapter common stock company's concept corporation cost centers cost object cost of sales current assets current liabilities debit December 31 decrease depreciation expense described difference direct labor discount dividends entity entity's equity estimated example FASB FASB Statement financial accounting financial statements full cost GAAP income statement income tax income tax expense increase interest expense inventory investment LIFO management accounting manufacturing material measure ment merchandise method Music Mart net income operations organization overhead costs owners paid paid-in capital payments percent present value production cost profit purchase ratio retained earnings sales revenue selling share shareholders shown in Illustration sold standard cost tax expense tion transaction unit variable costs variance volume