Also known as the fundamental accounting equation or the balance sheet equation, it focuses solely on the relationship between its resources (assets) and the claims on those resources, whether by ...

The accounting equation, which underlies double-entry accounting, is as follows: The balance sheet follows this format and shows information at a detailed account level. For example, the balance ...

The two types of dividends affect a company's balance sheet in different ways. Companies are not required to issue dividends to holders of its common stock. However, many pride themselves on ...