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Ivanhoe Company purchased $324000 of bonds for $339000 . If Ivanhoe intends to hold the securities to maturity, the entry to record the investment includes

Ivanhoe Company purchased

$324000

of bonds for

$339000

. If Ivanhoe intends to hold the securities to maturity, the entry to record the investment includes\ a debit to Debt Investments at

$324000

.\ a credit to Premium on Debt Investments of

$15,000

.\ a debit to Debt Investments at

$339000

.\ none of these choices are correct.

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