Company owner contributes 100,000, which is invested in a twenty-year bond with a 5% coupon paid semi-annually

Finance Sep 12, 2020

Company owner contributes 100,000, which is invested in a twenty-year bond with a 5% coupon paid semi-annually. After six months the firm receives the coupon payment of 2500 and the market price has reached to 102,000. Show the balance sheet and income statement treatment under each of the following categorization: held for trading, available for sale, held to maturity.

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