1.If a company purchases its long term investments in available for sale debt securities this period and their fair value is below cost at the balance sheet date, what entry is required to recognize the unrealized loss?

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

3. Under what circumstances are long-term investments in debt securities reported at cost and adjusted for amortization of any difference between cost and maturity value?

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