Exam 1 Formulas
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Introduction To Accounting
Last updated 8:28 PM on 9/29/25
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6 Terms
1
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Revenue - Expenses =
Net Income
2
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Common Stock + Stock Issued =
New Common Stock
3
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Retained Earnings + Net Income - Dividends =
New Retained Earnings
4
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Liabilities + Stockholders’ Equity =
Assets (Accounting Equation)
5
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Operating Cash + Investing Cash + Financing Cash =
Change in Cash
6
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Change in Cash + Beginning Cash Balance =
New Cash Balance
Note 
Flashcards (20)