Examlex
On a bank statement, deposits are listed as debits because the bank increases its cash account when the deposit is made.
Common Stock
Represents ownership shares in a corporation, giving holders a claim on part of the company's profits and assets.
Flow of Funds Accounts
Financial accounts that track the flow of money among various sectors within an economy, helping to analyze financial markets and monetary movements.
Liabilities
Financial obligations or debts that a company or individual owes, which are recorded on the right side of the balance sheet.
Mortgages
A type of loan specifically used for the purchase of real estate, where the property itself serves as collateral against the borrowed funds.
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