Book Value Of A Bond
The carrying value is also commonly referred to.
Book value of a bond. The book value of bonds payable consists of the following amounts all of which are found in bond related liability accounts. The book value of bonds payable is also referred to as the carrying value of bonds payable. Book value is equal to the cost of carrying an asset on a company s balance sheet and firms calculate it netting the asset against its accumulated depreciation.
The carrying value or book value of the bond at a given point in time is its face value minus any remaining discount or plus any remaining premium. The related unamortized bond issue costs which is a debit balance in the contra liability account bond issue costs.