Held-To-Maturity Investments in Bonds Are Initially Reported at ________ on the Purchase

question 64

Multiple Choice

Held-to-maturity investments in bonds are initially reported at ________ on the purchase date.On a subsequent balance sheet date,the bonds are reported at ________.

• A)cost;fair value.
• B)amortized cost;fair value.
• C)cost;amortized cost.
• D)cost;lower of cost or market.

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