The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. If you are a partner, a member…
Face Value: Definition in Finance, Comparison With Market Value
Nominal value of a security, often referred to as face or par value, is its redemption price and is normally stated on the front of…
The Single Best Accounting Tip for Small Business Success
Keep in mind, single-entry bookkeeping’s simplicity doesn’t allow for GAAP conformation. This inability to conform to GAAP’s requirements may not apply to very small businesses…
Double Entry Bookkeeping Guide On Debits And Credits
This is always the case except for when a business transaction only affects one side of the accounting equation. For example, if a restaurant purchases…