Famed industrialist John D. Rockefeller once quipped that the only thing that gave him pleasure was to see his dividends coming in. A lot of income investors feel that same way, especially those that ...

Tax Payable is a liability account that represents the payroll, sales and other taxes that you owe but for which you have not issued payment. This liability account provides an avenue to recognize the ...

Learn how to read a balance sheet! This beginner's guide breaks down assets, liabilities, and stockholders' equity for ...

Financial statements are essentially the report cards for businesses. They tell the story, in numbers, about the financial health of the business. The information found on the financial statements of ...

Retained earnings are a company's cumulative earnings since it began the business, minus any shareholder dividends that were issued. This figure represents stockholder equity that can be used for ...