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1. What are the reasons we report Held to maturity at their amortized cost, and Trading Securities and Available-for-Sale at their fair value? 2. Do

1. What are the reasons we report Held to maturity at their amortized cost, and Trading Securities and Available-for-Sale at their fair value?

2. Do we prepare journal entries to record unrealized holding gains and losses for Held to maturity? If yes, which financial statement we report this account in. If not, what we do to report the information.

3. Why are holding gains and losses treated differently for Trading Securities and Available-for-Sale Securities?

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