In basic accounting terms, expenses are recorded as debits, which increase the expense account balance and reduce net income. The dual nature of expense accounts makes them central to business ...

Fidelity Investments rolled out a number of new products and features Wednesday aimed at providing investors with value and flexibility. No other company can match the new offerings, according to ...

An expense account sounds simple enough, but it actually means two different things in business. First, it's the process that lets employees pay for work expenses and get reimbursed by their company.