When there is a permanent impairment to the value of the securities held as available-for-sale, such permanent
Question:
When there is a permanent impairment to the value of the securities held as available-for-sale, such permanent impairment should be recognized as:
a. Mark-to-market
b. Current liabilities
c. Income
d. Accrued expense
e. Cost
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Related Book For 
Accounting For Investments Equities Futures And Options Volume 1
ISBN: 9780470824313
1st Edition
Authors: R. Venkata Subramani
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