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On January 1, 2019, a company's balance sheet reports its investments in debt securities as follows:...

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Accounting

On January 1, 2019, a company's balance sheet reports itsinvestments in debt securities as follows: Assets Investment in HTMsecurities..... $207,544 Supporting information: The HTM securitiesare $200,000 face value securities purchased on January 1, 2017, ata yield of 4%. The securities have a 4-year total life and payinterest annually on December 31, at a coupon rate of 6%. Q:Investment in HTM securities reported on the December 31, 2019balance sheet is: a. $203,846 b. $204,938 c. $207,544 d.$207,997

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4.3 Ratings (541 Votes)
Held to Maturity securities are the securities held by the entry with the intention to retain it till its maturity It is recorded at the cost and a each balance sheet it is shown at the amortised cost Any discount or premium paid at the time    See Answer
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