On February 1, 2014, Shinko Inc. purchased 4% Telus bonds with a face value of $5,000 at
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Face Value
Face value is a financial term used to describe the nominal or dollar value of a security, as stated by its issuer. For stocks, the face value is the original cost of the stock, as listed on the certificate. For bonds, it is the amount paid to the...
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2014 Feb 1 Shortterm investment Telus Bonds 4900 Cash 4900 Purchased bo...View the full answer
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Related Book For 
Fundamental Accounting Principles Volume II
ISBN: 978-1259066511
14th Canadian Edition
Authors: Larson Kermit, Jensen Tilly
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