An investor purchased bonds and intends to hold them until the maturity date which is 10 years into the future. The bonds were purchased at a discount. One year after purchase, this Held-to-Maturity Investment in Bonds will be reported at ________ on the balance sheet.

Question

Quizplus · Accepted Answer

Held-to-Maturity investments are reported at amortized cost on the balance sheet, which reflects the initial purchase price adjusted for any amortization of discount or premium over the life of the bond.

An Investor Purchased Bonds and Intends to Hold Them Until