At maturity,the carrying amount of bonds should equal the face value of the bonds.

Name: At maturity,the carrying amount of bonds should equal the face value of the bonds.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

At maturity, the bondholder receives the face value of the bond (also known as the principal or par value). The carrying amount of the bond reflects any adjustments made for interest expense or amortization of any premiums or discounts, but at maturity, it should equal the face value.

At Maturity,the Carrying Amount of Bonds Should Equal the Face