A balance sheet is a document used by small businesses to gain a clear picture of its current financial condition. It lists each of the organization's assets and liabilities, showing the business's ...

If you’ve ever wondered what your bank is invested in, there’s good news for you. Yes, good news, even now with everyone worried about the safety and soundness of their bank — because as it happens, ...

Accounting for a letter of credit on your balance sheet depends on when you use it. One issued by your financial institution acts as a credit substitute. That institution, often a bank, steps into ...

Check your balance online, on the phone, through your bank's mobile app, at the ATM and with bank statements. A bank teller can provide account details in person. Regularly checking your balance helps ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Gordon Scott has been an active investor and ...

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection. We supervise payment service providers under the Retail Payment ...