A bond held with the objective of collecting principal and interest payments over the life of the

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A bond held with the objective of collecting principal and interest payments over the life of the bond should be accounted for using which of the following methods:

a. Amortized cost method

b. FV through profit and loss method

c. FV through OCI

d. None of the above.

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Related Book For  answer-question

Fundamental Accounting Principles Volume II

ISBN: 978-1260305838

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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