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CASE 8-1 Accounting for Investments FASB ASC 320 (generally eflective until 2018) requires com panies to assign their portfolio of investment securities into Discuss how companies are reguired to assign each calegory of securities into its current and noncurnnt portions d Some indiviluals maintain that the only proer accounting 1. Trading sucurities 2 Securities available for sale ireatment for all marketahle securitie is current value Others maintain that this treatent mighE allow compunies to "manage rgsDiscuSK the agumencs for each position 3. Held-lo-maturity securities Required Deline each of these categories of securities, and discuss Ihe accounting treatTent for each calegory CASE 8-1 Accounting for Investments FASB ASC 320 (generally eflective until 2018) requires com panies to assign their portfolio of investment securities into Discuss how companies are reguired to assign each calegory of securities into its current and noncurnnt portions d Some indiviluals maintain that the only proer accounting 1. Trading sucurities 2 Securities available for sale ireatment for all marketahle securitie is current value Others maintain that this treatent mighE allow compunies to "manage rgsDiscuSK the agumencs for each position 3. Held-lo-maturity securities Required Deline each of these categories of securities, and discuss Ihe accounting treatTent for each calegory

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