Goods or services bought from a foreign country and brought into a buyer’s home country
A financial statement showing the revenue and expenses for a fiscal period
An operating expense chargeable to overall business operations and not identifiable with a specific department
Salaries paid to factory workers who are not actually making products.
Materials used in the completion of a product that are of insignificant value to justify accounting for separately
Assets of a non-physical nature that have value for a business
An amount paid for the use of money for a period of time
The interest accrued on money borrowed
The interest earned on money loaned
The percentage of the principal that is paid for use of the money
A statement showing gross profit for each department for a portion of a fiscal period
The amount of goods on hand.
A form used during a periodic inventory to record information about each item of merchandise on hand
Cash receipts and cash payments involving the sale or purchase of assets used to earn revenue over a period of time
A form describing the goods or services sold, the quantity, and the price
Amount of sales made in the current financial year regardless of whether cash has been received or not.