Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, memberFINRA and SIPC. Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain...
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This also affects the statement of retained earnings, which shows the company’s net income minus any dividends paid. Dividends on common and preferred stock both appear on the financial statements. Dividends can be paid at a scheduled frequency, such...
In order to see if the accounts balance, we have to use the accounting equation. The accounting equation states that assets are equal to the sum of the total liabilities and owner’s equity. The basic accounting formula highlights the...
Unpaid invoices are like unsold inventory – the longer it goes without converting into cash for your business, the less profitable it becomes. Invoice factoring will always be an expensive way to secure financing – but some companies are...