Published on December 9, 2015
FOR MORE CLASSES VISIT www.bus475nerd.com 1) A well-designed activity-based costing system starts with __________. 2) "Generally accepted" in the phrase generally accepted accounting principles means that the principles __________. 3) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr. Dr. Cr. Totals $58,000 $48,000 $34,000 $44,000 The net income (or loss) for the period is __________.