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Bookkeeping

What is a Suspense Account: Definitions Examples Purpose

Sometimes it may happen that the transactions may have some missing information or what is a suspense balance incorrect details were entered into records. But a business has to record every transaction, in such cases the use of a suspense account is recommended. Sometimes, accounting teams don’t have all the necessary information for a particular…

What Is Book Value? Plus, How To Calculate It

Book Deal sells rare books through a large network of bookselling companies. One benefit of selling with BookDeal.com is that you will be compensated for each rare book you sell to them. Also, to determine the value of an antique, you should check the book market to see how many similar copies are available. Instead,…