This document provides a literature review on AC/DC microgrid systems. It begins with an abstract discussing the increased deployment of distributed power generation and the need for hybrid AC/DC microgrids. It then reviews several previous studies on hybrid microgrid systems, control strategies, power flow management, and small signal stability analysis. It discusses challenges in implementing hybrid microgrids and proposes control methods to coordinate AC and DC sources. The conclusion states that simulations verify a decentralized control strategy can enable power sharing between AC and DC microgrids during different operating modes.