An investor purchased $50,000 of bonds and holds them to maturity.The investor's journal entry to record the proceeds should include a debit to Cash for $50,000 and a credit to Long-Term Investments for $50,000.

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The investor purchased bonds worth $50,000, so when the bonds mature, they will receive the full face value of the bonds. Hence, the journal entry to record the proceeds should include a debit to Cash for $50,000, and a credit to Long-Term Investments for $50,000.

An Investor Purchased $50,000 of Bonds and Holds Them to Maturity.The