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Which possible way of recording such investment in the books

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Reference no: EM132887588

Question 1: The Salsa company invested in bonds with par value of $ 300,000, and for which it paid $ 315,000. If the intention of the company is to hold these bonds until maturity, a possible way of recording such investment in the books should include a

a. Cr. Investments to hold until maturity for $ 300,000.

b. Cr. Premium in Investments to maintain until maturity for $ 15,000

c. Dr. Investments to hold until maturity for $ 285,000

d. None of the above.

Reference no: EM132887588

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