R - Fill in the Blanks:

The balance sheet equation (accounting formula) is represented by: ________________________________________________________________________________ Buildings, equipment, and computers are subject to a cost allocation process known as: ________________________________________________________________________________

Copyrights, trademarks, and patents are subject to a cost allocation process known as: ________________________________________________________________________________

Coal, minerals, oil, and timber are subject to a cost allocation process known as: ________________________________________________________________________________

Retained earnings can only be decreased by a net loss or by: ________________________________________________________________________________

The number of shares issued less the number of shares outstanding is called: ________________________________________________________________________________

Increases in assets, decreases in liabilities, & decreases in equity have what effect on cash: ________________________________________________________________________________

Gross profit (margin) ratio is calculated how? ________________________________________________________________________________

Gains and losses differ from revenues and expenses how? ________________________________________________________________________________

Current ratio, acid-test ratio, and working capital are all used to measure what? ________________________________________________________________________________

Money owed to an organization for products or services sold to customers but not yet paid for are called: ________________________________________________________________________________

Money owed by an organization for products or services bought from a vendor but not yet paid for are called: ________________________________________________________________________________

What are the 3 types of inventory accounts a manufacturing company might show on its balance sheet: ________________________________________________________________________________

Coupon rate, face amount, premium, par, and discount are all terms associated with what: ________________________________________________________________________________

Common stock, treasury stock, & retained earnings are all what types of account? ________________________________________________________________________________