LoanIn the end, the home is still able to be purchased as a primary residence which includes keeping the lower interest rate and lower down payment. Keep in mind, USDA and VA loans do not allow non occupying co-borrowers.Lending vs BorrowingWhy won't... Read more
Loan vs. Lend – What’s the Difference?You can check whether it’s a direct lender or lead generation company and whether they’re transparent about the fees and other loan details. If you can’t find enough information on the loan you’re applying for on... Read more
What's the Difference Between Book Value vs. Market Value?Book Value Vs. Market Value: An OverviewIn this scenario, the market is giving investors an opportunity to buy a company for less than its stated net worth, meaning the stock price is lower th... Read more
How Are Book Value and Market Value Different?Book value simply implies the value of the company on its books, often referred to as accounting value. It's the accounting value once assets and liabilities have been accounted for by a company's auditor... Read more
Book of prime entryBooks of original entryWhich is the book of original entry in accounting?Books of original entry refers to the accounting journals in which business transactions are initially recorded. The information in these books is then summar... Read more
Where is the premium or discount on bonds payable presented on the balance sheet?The central government soon observed the economic advantages of printing paper money, issuing a monopoly right of several of the deposit shops to the issuance of these c... Read more
Are bonds payable reported as a current liability if they mature in six months?Lower Default RiskWhile the sinking fund helps companies ensure they have enough funds set aside to pay off their debt, in some cases, they may also use the funds to repur... Read more
How to Report Taxes of a Municipal Bond Bought at a PremiumJoin PRO or PRO Plus and Get Lifetime Access to Our Premium MaterialsThe average annual return over the last ten years was 6.51% as of February 2020. Looking at average annual returns over th... Read more
Amortization of Financing CostsWhen a new bond is issued, it comes with a stated coupon that shows the amount of interest bondholders will earn. For example, a bond with a par value of $1,000 and a coupon rate of 3% will pay annual interest of $30. I... Read more
How bonds workCurrent YieldThe real value of a fixed rate bond is susceptible to loss due to inflation. Because the bonds are long-term securities, rising prices over time can erode the purchasing power of each interest payment a bond makes.What is B... Read more
