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Cash Receipts and Disbursements
An accounting method that tracks the actual cash flow, recording revenues when received and expenses when paid.
Shareholders
Individuals or entities that own one or more shares of stock in a corporation, giving them ownership interest.
Form 1099-DIV
A tax form issued by banks and financial institutions to investors who receive dividends and distributions from any type of investment during a calendar year.
Dividends
Payments made by a corporation to its shareholders out of its profits or reserves.
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