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2. Debits and credits - Wikipedia

   en.wikipedia.org/wiki/Debits_and_credits

   Debits and credits occur simultaneously in every financial transaction in double-entry bookkeeping. In the accounting equation, Assets = Liabilities + Equity, so, if an asset account increases (a debit (left)), then either another asset account must decrease (a credit (right)), or a liability or equity account must increase (a credit (right)).

3. Financial accounting - Wikipedia

   en.wikipedia.org/wiki/Financial_accounting

   Financial accounting is a branch of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. [1] This involves the preparation of financial statements available for public use. Stockholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders are ...

4. Bank account - Wikipedia

   en.wikipedia.org/wiki/Bank_account

   A bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded. Each financial institution sets the terms and conditions for each type of account it offers, which are classified in commonly understood types, such as deposit accounts ...

5. Business line of credit vs. business credit cards - AOL

   www.aol.com/finance/business-line-credit-vs...

   To access the funds, you usually use a company checking account, credit card or mobile app. ... Depending on your credit history and the company’s financial health, it can easily be $100,000 or ...

6. Best CD rates for May 29, 2024 - AOL

   www.aol.com/finance/best-cd-rates-today-pump-up...

   This Fed rate is the benchmark that affects rates on deposit accounts, loans, mortgages, credit cards and other financial products. Typically, as the Fed rate rises, so do APYs on savings products ...

7. How do certificates of deposit work? Understanding CDs ... - AOL

   www.aol.com/finance/how-do-cds-work-220139365.html

   A certificate of deposit — or CD — is a type of deposit account that allows you to grow your savings at higher rates than a traditional savings account. Offered by big-name and digital banks ...