Where walk cash come from throughout the period? exactly how was cash used throughout the period?What to be the change in the cash balance throughout the period?
Reports assets and claims come assets in ~ a specific point in time.Lists legacy first, complied with by liabilities and stockholders" equity.Assets = legal responsibility + Stockholders" Equity.

You are watching: The amount by which revenues exceed expenses


cost of assets consumed or services used. (cost of items sold, selling, marketing, administrative, interest, and also income count expense
arising from costs include account payable, interest payable, wages payable, sales taxes payable, and income taxes payable.
Financing: getting outside moneyInvesting: purchases (assets) necessary to operateOperating: actual organization operations
1)Borrowing money (debt financing)-Amounts fan are referred to as liabilities.-Party come whom amounts are owed are creditors.-Notes payable and also bonds payable space 2 examples of different varieties of liabilities.2)Issuing (selling) share of stock because that cash. Usual stock is the term provided to explain the amount paid by stockholders (to the company) because that shares they purchase.Payments to shareholder are referred to as dividends.
2)Issuing (selling) share of stock for cash. Common stock is the term provided to describe the amount payment by shareholder (to the company) because that shares they purchase.Payments to shareholder are dubbed dividends.

See more: How Is Jimmy Swaggart Related To Jerry Lee Lewis, Left To Right: Mickey Gilley, Jimmy Swaggart And


1)Borrowing money (debt financing)-Amounts owed are referred to as liabilities.-Party come whom quantities are owed are creditors.-Notes payable and also bonds payable room 2 examples of different species of liabilities.
})}else;window.location.assign("https://centregalilee.com/explanations/textbook-solutions/glencoe-accounting-first-year-course-1st-edition-9780078688294");">
*

})}else;window.location.assign("https://centregalilee.com/explanations/textbook-solutions/financial-accounting-4th-edition-9781259730948");">

})}else;window.location.assign("https://centregalilee.com/explanations/textbook-solutions/financial-accounting-9th-edition-9780133071276");">
*

})}else;window.location.assign("https://centregalilee.com/explanations/textbook-solutions/horngrens-financial-managerial-accounting-6th-edition-9780134491714");">
Horngren"s jae won & Managerial Accounting6th EditionBrenda together Mattison, Ella Mae Matsumura, Tracie Miller-Nobles
window.centregalilee.com<"productClickLinkData"> = <"name":"8. Receivables, poor Debt Expense, and Interest Revenue","id":"112045934","price":"","category":"premium content","variant":"study guide","position":"","brand":"lauren_mclaughlin6">; QLoad("centregalilee.com.productClickLinkData"); return;})}elsewindow.centregalilee.com<"productClickLinkData"> = <"name":"8. Receivables, bad Debt Expense, and also Interest Revenue","id":"112045934","price":"","category":"premium content","variant":"study guide","position":"","brand":"lauren_mclaughlin6">; QLoad("centregalilee.com.productClickLinkData"); return;;window.location.assign("https://centregalilee.com/112045934/8-receivables-bad-debt-expense-and-interest-revenue-flash-cards/");" id="1-112045934">