Let’s say there were a credit of $4,000 and a debit of $6,000 in the Accounts Payable account. Since Accounts Payable increases on the credit side, one would expect a normal balance on the credit side. However, the difference between the two figures in this case would be a debit balance of $2,000, which is […]
Please consider the investment objectives, risks, charges and expenses of an exchange traded find (ETF) carefully before investing. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. The strategies and/or investments discussed in this material may not […]
When a company issues shares, it is basically selling parts of ownership to the public in exchange for money. Afterward, if they need another cash injection, they may decide to issue more shares via a rights issue. Ownership of a corporation is typically determined by examining who holds the issued shares. This includes shares distributed […]