Ireland Binds bought at discount

A

Accountant1012020

Joined
Jul 24, 2020
Messages
1
Reaction score
0
Country
Ireland
Hi,

How do you account for a bond bought at a discount but is been revalued to the market each month? For example a bond bought at 90, so does the discount of 10 still get reflected on the accounts even though it is been revalued each month?
What are the debits and credits?

Thanks!
 
You must log in or register to reply here.

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

USA Avoid Passive Losses | Two Related LLCs / Bought Condo 0
USA Confused how to treat bought materials for customers 1
Bought fixed asset and rented to my customers 0
UK If a lease is sold at a higher premium than it was bought for, but leasehold improvements were done, would there still be a capital gain? 0
USA Condo bought for son 1
How to account for assets when your parent company bought them 2
I Sell Goods but i bought and sold service 3
USA Inherited house, bought from estate-paid off loan, 2 months later sold, do we lose Stepped-up basis? 1

Top