income statement items

CFA Level II FRA
#1

quick q- I know when asked to calculate interest income for a security classified as held 2 maturity, that involves calculating the actual income so get the YTM of the bond at date of purchase and multiply that by the beginning carrying value of the bond each year- but I also recall that sometimes, the entry on the income statement is simply the coupon…is that the case if this bond were classified as available 4 sale?

sorry- I guess my question is when would our income statement show coupon and when would it show income on the bond investment?

#2

No under all three classifications the interest income is coupon + amortized discount - amortized premium.

#3

huh maybe i confused myself coming across problems where the bonds were purchased at par because then it would be coupon only- and i wasn’t picking up on the fact that they were just purchased at par so that makes it easier…thanks!