Companies regularly obtain money through the issuance of bonds. The market value of bonds changes daily and

Question:

Companies regularly obtain money through the issuance of bonds. The market value of bonds changes daily and on any given day is a function of many factors including economic variables, interest rates, industry developments, and firm specific information. Should bonds be reported on the books of the issuer at their market value on the date? at their historical selling price? at their discounted present value? or at their eventual value? For each of these measurement attributes, identify and discuss the issues associated with each attribute.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...