Examlex
When choosing the phrasing of each step of instructions for a North American audience, use
Dividends Payable
Liabilities on a company’s balance sheet representing amounts owed to shareholders as part of the profit-sharing from dividends declared.
Issuing Company
A corporation that has put into circulations its shares or bonds to raise capital by selling those securities to investors.
Legal Liabilities
Obligations arising from laws or regulations that a company is required to pay, such as fines, settlements, or judgments.
Sick Pay Payable
A liability account that represents the amount of sick pay owed to employees but has not yet been paid.
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