At the maturity date,the carrying value will equal the face amount of the bond.

Name: At the maturity date,the carrying value will equal the face amount of the bond.
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Question

Quizplus · Accepted Answer

At maturity, the face value of the bond is paid to the bondholder, which is also equal to the carrying value (the amount recorded on the balance sheet) of the bond. Therefore, both the face amount and carrying value of the bond will be equal at maturity.

At the Maturity Date,the Carrying Value Will Equal the Face