Summary
Summary Formulas Becker Part 1
- Course
- B1 (CPA)
- Institution
- Becker College
Part 1 Formula Reference Guide Term Formula Unit Absorption costing equation − Revenue Less: cost of goods sold − Gross margin Less: operating expenses (both fixed and variable) Net income 2 Accounting equation (or balance sheet equation) Assets = Liabilities + Owners' equity (...
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