Shared Flashcard Set

Details

Revenue sales
TCA 221
8
Accounting
Undergraduate 2
02/25/2016

Additional Accounting Flashcards

 


 

Cards

Term

- CoGS

Definition

minus

Cost of Goods Sold 

Term
- LE
Definition

Minus 

Labor Expenses

Term
- Other Expenses
Definition

Minus

Other Expenses

Term
= O I
Definition

Equals

Operating Income 

Term
+ G
Definition

Plus 

Gains 

Term
- L
Definition

Minus 

Losses 

Term
= I B T
Definition

Equals 

Income Before Taxes 

Term
Rs
Definition
Revenue Sales
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