Monthly Archives: December 2022

A Relatively Painless Guide to Double-Entry Accounting Bench Accounting

As the business evolves or expands, the chart of accounts can be modified and updated to reflect any changes in the financial reporting requirements. The chart below summarizes the differences between single entry and double entry accounting. The debit and credit treatment would be reversed for any liability and equity accounts. Because double-entry accounting provides […]

Peer Pressure Strategies for Teens: 17 Tips for Parents

As a result, issues or unhappiness with appearance and ability can manifest, thereby further impacting the way someone behaves. It can be helpful to understand its definition, recognise when it is happening, and distinguish if it is positive or negative before taking any action. To stop negative peer pressure, we may practise different ways of […]

Do Dividends Go on the Balance Sheet?

A long term investor might be prepared to accept a lower dividend payout ratio in return for higher re-investment of profits and higher capital growth. http://cased.ru/doc_r-ek2_118_cased.html On the dividend payment date, the cash is paid out to shareholders to settle the liability to them, and the dividends payable account balance returns to zero. Preferred stock, […]