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Details of two particular bondis purchased on 1 s August, 2021 are as follows: The ilmara bond was purchased with a view to holding it

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Details of two particular bondis purchased on 1 s" August, 2021 are as follows: The "ilmara" bond was purchased with a view to holding it for the long term, do the interest and principal as it becomes payable. The "Wguvu" bond was bought at a deep discount, and the aim is to wait un' market velue increases, and then sell it on at a profit. At 31151 July, 2022, the "N ond had a fair value of TZS 275 milion. In both cases, the coupon is payab fegulired, each year, and has been paid as promised. lequired: the case of each bond above, outline the acoounting treatment required by IFH year ended 3135t duly, 2022 . Show all workings clearly. (10 Ma Details of two particular bondis purchased on 1 s" August, 2021 are as follows: The "ilmara" bond was purchased with a view to holding it for the long term, do the interest and principal as it becomes payable. The "Wguvu" bond was bought at a deep discount, and the aim is to wait un' market velue increases, and then sell it on at a profit. At 31151 July, 2022, the "N ond had a fair value of TZS 275 milion. In both cases, the coupon is payab fegulired, each year, and has been paid as promised. lequired: the case of each bond above, outline the acoounting treatment required by IFH year ended 3135t duly, 2022 . Show all workings clearly. (10 Ma

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