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1. Identify the three classes of noninfluential and two classes of influential investments in securities. 2. For investments in available for sale securities, how are

1. Identify the three classes of noninfluential and two classes of influential investments in securities.

2. For investments in available for sale securities, how are unrealized (holding) gains and losses reported?

3. On a balance sheet, what valuation must be reported for debt securities classified as available for sale?

4. In accounting for investments in equity securities, when should the equity method be used?

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