Net sales less cost of goods sold. a. Accumulated depreciation b. Balance sheet c. Accrued liabilities d.

Net sales less cost of goods sold.

Transcribed Image Text:

a. Accumulated depreciation b. Balance sheet c. Accrued liabilities d. Current assets e. Current liabilities f. Merchandise inventory g. Revenues h. Expenses i. Gains j. Losses k. Net sales 1. Cost of goods sold m. Gross profit n. Income from operations o. Net income p. Earnings per share of common stock q. Paid-in capital r. Common stock s. Additional paid-in capital t. Retained earnings u. Dividends v. Par value w. Going concern concept x. Matching concept y. Accrual concept z. Opportunity cost aa. Annual report bb. Income statement