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In accounting for investments in debt securities that are classified as trading securities, a.they are reported on the balance sheet at amortized cost .b.the intention
In accounting for investments in debt securities that are classified as trading securities,
a.they are reported on the balance sheet at amortized cost
.b.the intention is to hold the security for many years
c.they are periodically adjusted to fair value
.d.any unrealized holding gain or loss adjustment is reported as part of equity.
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