Accounting Principles Workbook |
Other editions - View all
Common terms and phrases
Accounts payable Accounts receivable Accumulated depreciation actual adjusting entries allocated amount Assume bad debts balance sheet basis bonds book value budget Calculate capital cash flow statement common stock company's Corporation Current Assets Current Liabilities customers December 31 depreciation expense direct labor cost direct labor hours direct material discount dividends dollars employees equipment equity estimated Exhibit EXPLANATION F factory overhead financial statements finished goods inventory fixed assets fixed costs flow statement full cost accounting gross margin included income statement income taxes investment January journal entries Lifo machine manufacturing March ment merchandise method month Notes payable operations overhead costs owners paid payment percent period plant production costs profit purchased ratio raw materials record Required Retained earnings Salaries sales volume Schedule selling expenses selling price shareholders shares sold standard cost tion Total Assets units variable costs variance wages