Since total account balances do not change, no account needs to be debited to record a stock split. The only time an accounting entry needs to be made is if the stock lists a par value.

This writer is upset about a recent issue with her bank. Read on to see what it is and why it may be such a deal breaker.

Tax pros on social media began reporting the problem as their clients began checking bank accounts and seeing that the scheduled payments had not yet been debited from their accounts. By this ...

In a prior article, we reviewed how to use put debit spreads to profit from falling stocks. In this article, we'll review the ...

While Earned Wage Access apps have been around for over a decade, the pandemic and its aftermath boosted their popularity.

Users who do not withdraw assets after the closure will be debited “a custodian fee of USDT 20 or the equivalent in other ...

Hundreds of clients of Republic Bank were left shocked and dismayed as their accounts were debited for all outstanding e-commerce and point-of-sale transactions, despite prior advisement over the ...

Banco Santander double-processed transactions for 2,000 business accounts in the U.K., totaling 130 million pounds ($176 million). Giant Spanish bank Banco Santander (SAN) gave some people ...

The Pension Fund Regulatory and Development Authority (PFRDA) has issued a circular extending the facility of opening an Atal ...

These systematic transfers of the retirement investor’s wealth take the form of a direct cost debited from the investor’s ...

When shares are repurchased, the treasury stock account is debited to decrease total shareholders' equity. The cash account is credited to record the expenditure of company cash. If the treasury ...

More people are using so-called Earned Wage Access apps to get money to pay bills and buy groceries in between paydays ...