11. Suppose a company has bonds classified as available for sale. As a result of these bonds, the Accumulated other comprehensive income account has a debit balance of $ 45,000. Management decides to change them to the classification of to hold until maturity. When the transfer takes place, what happens to that $ 45,000?

a. They remain in AOCI and are amortized over the remaining life of the bonds.

b. They are reclassified to the statement of income and expenses.

c. They are added to or subtracted from the market value of the bonds.

d. None of the above.

11. Suppose a company has bonds classified as available for sale. As a result of these bonds, the Accumulated other comprehensive income account has a debit balance of $ 45,000. Management decides to change them to the classification of to hold until maturity. When the transfer takes place, what happens to that $ 45,000? a. They remain in AOCI and are amortized over the remaining life of the bonds. b. They are reclassified to the statement of income and expenses. C. They are added to or subtracted from the market value of the bonds. d. None of the above