Bookkeeping

Bonds have credit ratings that measure their credit risk, which you can review when comparing investments. Default risk isn't as much of a concern for U.S. government bonds, but company…

For a home purchase, your loan maturity date could be several decades down the line depending on the term. For example, if you buy a $325,000 house with $25,000 down…

When the client pays the invoice, the accountant credits accounts receivables and debits cash. Double-entry accounting is also called balancing the books, as all of the accounting entries are balanced…