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How does a private NFP organization value its investments in debt and equity securities on...

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Question

Accounting

How does a private NFP organization value its investments in debt and equity securities on its statement of financial position?

A.

Original cost
B.

Market value at year-end
C.

Original cost for equity securities and market value at year-end for debt securities
D.

Original cost for debt securities and market value at year-end for equity securities

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