A company might issue a dividend to investors in the form of cash dividends or stock dividends. Each type of issue impacts ...

Discover the key differences between debits vs credits in accounting — debits increase assets, while credits boost liabilities and equity. In accounting, debits increase assets and decrease ...

Accounts receivable is the income derived from credit accounts. For the balance sheet, it's the total amount of income to be received that's logged into the books at the close of the fiscal year.

Accounts payable is ... Companies often buy things on credit, and when they do, they record outstanding amounts as AP. This item appears on the balance sheet as a current liability, which ...