A company bought bonds in 2021, with the intention of holding them until maturity. As of December 31, 2021, the market value of the bonds had increased by $ 50,000. The statement of income and expenses for 2021 will reflect, with respect to these bonds: 

a. Only the interest income generated by the bonds during the year. 

b. The interest income generated by the bonds plus $ 50,000 

c. Only $ 50,000 

d. It cannot be determined from the information provided.

Answer rating: 100% (QA)

Solution Option a is correct answer Explantion For a hold unti... View the full answer