Example
of Held for Maturity Financial Assets
The assets which are those assets which satisfied
the following three conditions
1. Determinable
amount which is to be received
2. Fixed
maturity period
3. Entity
would keep these assets till the maturity.
Example
of Held for Maturity Financial asset # 1
ABC & Co has a loan stock of $ 5000. This stock
was purchased as on 01 January, 2015 and has a fixed term of 5 years. The
interest rate is 10%. The entity will keep this till the maturity.
Solution
This is the example of held for maturity of
financial asset because this is kept for long term and it has determinable
payment and fixed maturity period i.e. 5 years.
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