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8) What type of investments can be classified as Hold to Maturity and how are they reported/valued on the balance sheet. 9) What type of

8) What type of investments can be classified as Hold to Maturity and how are they reported/valued on the balance sheet.

9) What type of investments can be classified as Trading or Available for Sale? How are they reported/valued on the balance sheet?

10) How/where are unrealized gains/losses reported for a) Trading securities, b)Available for sale securities?

11) How/where are realized gains/losses reported for a) Trading securities, b)Available for sale securities?

12) Explain the difference between Level 1, Level 2 and Level 3 fair value measurements.

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