Some off-balance sheet asset reporting requirements changed in 2016 and 2021 regarding leases, which, depending on who the party is and the type of lease it is determined to be, must be recorded ...

Cash and stock dividends are two types of dividends that companies may pay their shareholders. On the balance sheet, cash dividends reduce the cash account and retained earnings. Stock dividends ...

Recall that a balance sheet is a financial snapshot which shows the current health of the business as measured in terms of its assets and liabilities. Assets include items such as cash, inventories ...

Accounts payable is a type of liability account that shows ... to use CR and DR will help you make sense of a company's balance sheet and gain useful insight into the increases and decreases ...

Common stock is a representation of partial ownership in a company and is the type of stock most people ... about a company's common stock in its balance sheet. Image source: Getty Images.