1.Describe the 3 methods to account for debt securities, and then describe how that can be confusing to a reader of financial statements that does not understand the difference on how the debt securities may be recorded. Answer needs to be sufficiently long to include all details, and should be in your own words.

2.When is it appropriate to record goodwill, and under what conditions? When is goodwill considered impaired and what does that mean? Answer needs to be sufficiently long to include all details, and should be in your own words.