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What does the encoding specificity principle state
Financing Activities
Transactions related to raising, repaying, or managing the long-term capital and funding of an entity, reflected in the cash flow statement.
Income Statement
A financial statement that reports a company's financial performance over a specific accounting period, detailing revenue, expenses, and profits.
Revenues
Earnings derived from standard business activities, factoring in reductions and allowances for goods returned.
Expenses
Outflows or other uses of assets or incurrences of liabilities during a period from delivering or producing goods, rendering services, or carrying out other activities that constitute the entity's ongoing major operations.
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