What Is the Face Value of a Stock Called

question 125

Multiple Choice

What is the face value of a stock called?

• A)Book value
• B)Market value
• C)Current value
• D)Set value
• E)Par value

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Definitions:

Credit Column

The section of a financial statement or ledger where increases in liabilities, equity, and revenue or decreases in assets and expenses are recorded.

Journalized Transactions

Recording financial transactions in a journal as part of the double-entry bookkeeping system.

Posting

Posting refers to the process of transferring entries from a company's journal into their respective accounts in the general ledger.

Financial Statements

Summarized records of a company's financial activities and position, typically comprising the balance sheet, income statement, and cash flow statement.