9:22 PM @ 53%. D, + Chapter 17 15 points maximum score Distinguish between a debt security and an equity security. Explain the three types of classifications for investments in debt securities on the Balance Sheet. At what amount should each classification of debt security be valued/reported on the Balance Sheet. Distinguish between accounting for marketable versus nonmarketable equity securities. What is an "unrealized holding gain or loss?" Under what conditions is an unrealized gain/loss recognized in current net income? Show Less Start Thread