13. Under which section of the balance sheet is "cash restricted for plant expansion" reported? a. Current assets. b. Non-current assets. Current liabilities. d. Stockholders' equity. C. 14. Investments in debt securities should be recorded on the date of acquisition at lower of cost or market. b. market value. a. C. d. market value plus brokerage fees and other costs incident to the purchase. face value plus brokerage fees and other costs incident to the purchase. 15. Moon Inc assigns $3,000,000 of its accounts receivables as collateral for a $2 million loan with a Debit Cash for $1,940,000, debit Interest Expense for $60,000, and credit Notes payable for b. Debit Cash for $1,940,000, debit Interest Expense for $60,000, and credit Accounts C. Debit Cash for $1,940,000, debit Interest Expense for $60,000, debit Due from Bank for bank. The bank assesses a 2% finance charge on the collateral amount and charges interest on r Ca the note at 6%. What would be the journal entry to record this transaction? a. $2,000,000. MP Receivable for $2,000,000. $1,000,000, and credit Accounts Receivable for $3,000,000. d. Debit Cash for $1,820,000, debit Interest Expense for $180,000, and credit Notes Payable for $2,000,000. d. They ar held with the intention of selling them in a short period of time. 5. ohrealized holding gains and Josses are reported as part of net income. Which of the following isnot correct in regard to trading securities? 16. Any discount or premium is not amortized. C. d. All of these are correct