Northwestern uses chart string-based systems to manage financial transactions, in which all expenses are classified by five-digit expense account codes (e.g. – 73475 is “Lab Supplies and Hardware”).

Cash or stock dividends that are distributed to shareholders aren't recorded as an expense on a company's ... Retained earnings are essentially a savings account. They're located on the balance ...

A budget planner is a tool, such as a worksheet or template, that you can use to design ... other bills that stay the same each month. Check account statements to find recurring charges and ...

Interest expense is a general term used to describe the cost of borrowing money. It can have slightly different meanings depending on the context, but in corporate finance, interest expense is ...