The full disclosure principle:

The dividends account normally has a debit balance.

The revenue recognition principle: 

To be classified as a cash equivalent, the only criterion an item must meet is that it must be readily convertible to a known amount of cash.

A trend percent, or index number, is calculated by dividing the analysis period amount by the base period amount and multiplying the result by 100.

The balance sheet shows a company’s net income or loss due to earnings activities over a period of time.

Resources a company owns or controls that are expected to yield future benefits are:

The reporting of net cash provided or used by operating activities that lists the major items of operating cash receipts, such as receipts from customers, and subtracts the major items of operating cash disbursements, such as cash paid for merchandise, is referred to as the:

Use the following selected information from Winnebago, LLC to determine the 2017 and 2016 trend percentages for net sales using 2016 as the base.    2017 2016 Net sales $ 276,200   $ 231,400   Cost of goods sold   151,900     129,590   Operating expenses   55,240     53,240   Net earnings   27,820     19,820  

To be classified as a cash equivalent, the only criterion an item must meet is that it must be readily convertible to a known amount of cash.