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On July 1st of Year 1, Jones Company purchased $5,000 of Hart Company's 6% bonds. On December 31st of Year 1, the market interest rates

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On July 1st of Year 1, Jones Company purchased $5,000 of Hart Company's 6% bonds. On December 31st of Year 1, the market interest rates had dropped and the bandet 55.500. How would Jones Compaay report this change in their Year 1 financial statements Joaes Company is treating the bonds as a held-to-maturity security Me Choice As an urvalued gain on investment securities of $500 in the stockholder's uity section of the balance sheet As a need gain on investment secures of $500 in re income statement They would not reflect the gain or loss in the financial statement As an uvented is on vestiment secusties of 500 in Wocher equity section of the balance sheet As an unrealized loss on investment set of $500 in the income statement

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