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A stock's par value is the monetary amount assigned to the share of stock.
The basic meaning of par stock is the amount of stock a business or individual should keep on hand at all times. If your stock amount falls below this par, you should purchase more to keep it at that number.
Par is the value stated on the stock certificate as stated in the articles of incorporation and is many times $.01 or $1.00.
Par value is the standard price of securities such as Stock and Bonds; it has nothing to do with cash valuation. Cash is stated on the financial statements at Nominal Value (i.e., current dollars unadjusted for inflation).
The word par means standard or average, from Latin meaning equal.For example, the face value of a stock or bond.Far above par, then means beyond the average or standard.If a stock or bond is sold at a value higher than its face value, it can be said that it sold far above par.More commonly, however, far above par is used to describe a person's performance.
Issuing Par Value Common Stock for Cash (assume par value is $1) dr. Cash $1.00 cr. Common Stock $1.00 to record issuance of 1 share of $1 par common stock if sold for more than par value (Assuming $5) dr. Cash $5 cr. Common Stock $1 Paid-in Capital in excess of par $4 to record issuance of 1 share of common stock in excess of par.
concept of per stock in hotel industry
average level
The restaurant's service last night was noticeably below par.
all stock maintain in store
5
Par value stock