Complete the following descriptions by filling in the blanks. 1. Accrual of interest on bonds held as long-term investments requires a credit to _____ _____. 2. Equity securities giving an investor significant influence are accounted for using the _____ _____. 3. Available-for-sale debt securities are reported on the balance sheet at _____ _____. 4. Trading securities are classified as _____ assets. 5. The controlling investor (more than 50% ownership) is called the _____, and the investee company is called the _____.

AppendixLO1