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Credit

In accounting, a credit is an entry that increases liabilities, equity, or revenue accounts and decreases asset or expense accounts. It’s also used in sales to refer to goods or services sold on payment terms. Every credit has a corresponding debit in double-entry bookkeeping.

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Cash Management

Cash management is the process of collecting, managing, and investing cash in a way that ensures a business has enough…

Contractual Obligations

Contractual obligations refer to the legal duties a company is required to fulfill under agreements, such as leases, loan payments,…

Cost Behavior

Cost behavior refers to how costs change in relation to the volume of business activity, such as production or sales.…