1) What method of accounting is used for each of them? Ans: The method...
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Accounting
1) What method of accounting is used for each of them?
Ans:
The method of accounting used for Held-to-Maturity investment the cost method.
The method of accounting used for Trading Securities is the fair value method.
The method of accounting used for Available-for-sale securities is also the fair value method.
2) During the lecture, what were the three journal entry examples used for each of these three methods?
3) What's the primary objective for each of these debt investments?
4) Equity securities can be classified into three categories. What are they? Give me percentage of ownership for each, and the meaning of that ownership.
5) Financial statements in which financial data for two or more companies are combined as a single entity are called____________________?
I need help with 2,3,4,5. Thank u:)
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