Question: Solo Corp. purchased $ 5 0 0 , 0 0 0 of bonds for $ 5 1 5 , 0 0 0 as an investment.

Solo Corp. purchased $500,000 of bonds for $515,000 as an investment. If Solo expects to hold the bonds until they mature, the initial investment should be recorded at:
Question 1 options:
a)
Investment in Bonds - $500,000
Additional Investment Expense - $15,000
b)
Investment in Bonds - $515,000
c)
Investment in Bonds - $500,000
Prepaid Interest Revenue - $15,000
d)
Accumulated Other Comprehensive Investment - $500,000

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