and owners' equity (net worth) at a specific point in time. The balance sheet, together with the income statement and cash flow statement, makes up the cornerstone of any company's financial ...

An increase in liabilities or shareholders' equity is a credit to the ... Understanding how to use CR and DR will help you make sense of a company's balance sheet and gain useful insight into ...

The stock purchasers give up cash and ... line in the company balance sheet. In other words, the company's assets rise. To balance out that accounting entry, stockholders' equity is credited ...