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Creating new document part 2

Notes:

Creating new document in Photoshop - Part 2

Fields of New Dialog Box:
Name of document:
You can set any name for the new document (optional)
Presets drop down box:
You can select various document presets for new document
Size:
You can select a predefined size for the new document
Width:
You can set the width of the new document
Pixels for digital media and inches for print media
Height:
You can set the height of the new document
Pixels for digital media and inches for print media
Resolution:
72ppi for digital media and 300ppi for print media
ppi : pixels per inch
dpi:dots per inch
lpi: lines per inch
Color Mode:
RGB for digital media and CMYK for print media
Bit depth:
8 bpc is common and for HDR set 16 bpc or 32 bpc
bpc : bits per channel
Background content:
White, Background Color, Transparent

Color Profile:
sRGB is common, for HDR Pro Photo RGB or Adobe RGB
Pixel Aspect Ratio:
Square Pixels is common. For video you can choose others.