What are the two reasons for depreciation?
Give this one a try later!
Physical and functional
What type of business is the middleman?
Give this one a try later!
Merchandising
What is the JE for issuing capital stock?
,Give this one a try later!
up cash, up capital stock, inflow financing
What are the three types of external stakeholders?
Give this one a try later!
Capital Market, Product Service Market, and Government
What is the JE for incurring expenses?
Give this one a try later!
down cash, up expense, outflow operating
What is the retained earnings equation?
Give this one a try later!
Beginning RE + Net Income - Dividends = Ending RE
What is the EOPA for expenses that occurred after cash was paid?
Give this one a try later!
, deferred expense
What is the most expensive form of business?
Give this one a try later!
Corporation
What is the JE for distributing money to owners?
Give this one a try later!
down cash, up dividends, outflow financing
What is the income statement equation?
Give this one a try later!
Revenue - Expenses = Net Income
What is the EOPA when expenses occurred before cash was paid?
Give this one a try later!
Give this one a try later!
Physical and functional
What type of business is the middleman?
Give this one a try later!
Merchandising
What is the JE for issuing capital stock?
,Give this one a try later!
up cash, up capital stock, inflow financing
What are the three types of external stakeholders?
Give this one a try later!
Capital Market, Product Service Market, and Government
What is the JE for incurring expenses?
Give this one a try later!
down cash, up expense, outflow operating
What is the retained earnings equation?
Give this one a try later!
Beginning RE + Net Income - Dividends = Ending RE
What is the EOPA for expenses that occurred after cash was paid?
Give this one a try later!
, deferred expense
What is the most expensive form of business?
Give this one a try later!
Corporation
What is the JE for distributing money to owners?
Give this one a try later!
down cash, up dividends, outflow financing
What is the income statement equation?
Give this one a try later!
Revenue - Expenses = Net Income
What is the EOPA when expenses occurred before cash was paid?
Give this one a try later!
