Common Stock vs Preferred Stock: Whats the Difference? TIME Stamped
In each case, these categories don’t refer so much to the stocks themselves as to the corporations that issued them. However, a company can choose to amend its articles of incorporation or charter allowing it to increase its capital stock. The money the company will get in exchange for the shares will be recorded in […]
Read More →How does revenue affect the balance sheet?
Inventory includes amounts for raw materials, work-in-progress goods, and finished goods. The company uses this account when it reports sales of goods, generally under cost of goods sold in the income statement. On the right side, the balance sheet outlines the company’s liabilities and shareholders’ equity. Because the value of liabilities is constant, all changes […]
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