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A variety of authoritative accounting pronouncements have addressed accounting for debt and equity investments. 1. Summarize the current accounting treatment for investments in debt and

A variety of authoritative accounting pronouncements have addressed accounting for debt and equity investments.

1. Summarize the current accounting treatment for investments in debt and equity securities.

2. The EITF has addressed many implementation issues for accounting for investments in debt and equity securities. List five of these issues.

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