11. Held-to-maturity securities maturing beyond a year are reported as noncurrent assets.
12. Bonds payable would be listed at their carrying value on the balance sheet.
13. The fair market value of bond investments should be disclosed, either on the face of the financial statements or in an accompanying note.
14. Investments in bonds that management intends to hold to maturity are called held-to-maturity securities.
15. Investment in Bonds are reported on the balance sheet at lower of cost or market.
16. Investment in Bonds is listed on the balance sheet after Bonds Payable.
17. Comprehensive income is all changes in stockholders' equity during the period except those resulting from dividends and stockholders' investment.
18. Comprehensive income is listed with unusual items on the income statement.
19. Other comprehensive income transactions should be reported net of taxes.
20. The cumulative effects of other comprehensive income items must be reported separately from retained earnings and paid-in capital, on the balance sheet, as accumulated other comprehensive income.