So this was the complete dividend policy definition with all of its 3 different types. All 3 follow a different approach and can work out for different people for different needs.
Know what do you mean by price list, quotation, estimate and tender and why it is important to use the right pricing method? Also know what is the difference between them.
Personal financial statement is a private document that is prepared to disclose all the information regarding the assets and liability of an individual.
A credit memo is popularly known as get credit memorandum which is a document produced and issued to a buyer by the seller.
Account receivables are legally enforceable documents or invoices that claims amount pending to be paid to the business by the custome.
Retained earnings are defined as earnings that are hold back with the companies after distributing the relevant share of dividend to the shareholders.