Can you explain the 4 topics in the screen shot and provide an example of each. Currently Struggling a bit Transcribed Image Text: • Application

Can you explain the 4 topics in the screen shot and provide an example of each. Currently Struggling a bit Transcribed Image Text: • Application of Generally Accepted Accounting Principles (GAAP) (e.g., matching principle,
conservatism principle, realization principle) in the accounting cycle;
• Demonstration of the relationship between GAAP and accounting practices (e.g., matching
prineiple and adjusting entries, cost principle and asset valuation);
• Analysis of the financial status of a company (e.g., liquidity, solvency, profitability) by using
horizontal and vertical analysis;
• Analysis of the financial status of a company, using financial ratios (e.g., turnover ratios, book
value, earnings per share, times interest earned, return on assets).

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