3: Financial Statements Analysis- The Income Statement Last updated Save as PDF Page ID 88501 Kenneth S. Bigel Touro University 3.1: Chapter Three- Learning Outcomes 3.2: The Income Statement 3.3: On Learning and Studying 3.4: Financial Statements- Interpretation 3.5: The Audit 3.6: Perpetual Inventory Accounting 3.7: Periodic Inventory Analysis- Ending Inventory and Cost of Goods Sold 3.8: Units to Numbers- FIFO and LIFO 3.9: Inventory Costing Calculations- A Closer Look at the COGS and Ending Inventory Computations 3.10: Inventory Accounting Issues- LIFO 3.11: LIFO Base Illustration 3.12: Accounting for Long-term Assets- Straight-Line Depreciation (For Reporting Purposes Only) 3.13: Accounting Entries for Depreciation 3.14: Accelerated Depreciation Methods- Sum-of-the-Years' Digits (For reporting purposes only) 3.15: Accelerated Depreciation Methods- Double/Declining Balance (For reporting purposes only) 3.16: Comparative Summary of Depreciation Methods 3.17: The Balance Sheet versus the Income Statement- A Summary 3.18: Chapter Three- Review Questions