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Reporting Various Investment Securities Complete the following table for four types of investment securities. Security Type Carrying Value Fair Value Current Asset Noncurrent Asset Unrealized
Reporting Various Investment Securities Complete the following table for four types of investment securities.
Security Type | Carrying Value | Fair Value | Current Asset | Noncurrent Asset | Unrealized Gain or Loss- Income | Unrealized Gain or Loss- Equity |
---|---|---|---|---|---|---|
Example: AFS Debt Investment1 | 25,200 | 22,400 | 0 | 22,400 | 0 | (2,800) |
1. AFS Debt Investment1 | 8,400 | 9,240 | Answer | Answer | Answer | Answer |
2. TS Debt Investment2 | 22,400 | 21,000 | Answer | Answer | Answer | Answer |
3. HTM Debt Investment3 | 50,400 | 47,600 | Answer | Answer | Answer | Answer |
4. Equity InvestmentMeasured at FV-NI2 | 58,800 | 64,400 | Answer | Answer | Answer | Answer |
1 Investor intends to hold investment for at least one year but less than full term. 2 Investor intends to hold for less than one year. 3 Debt investment is purchased with a remaining term of 10 years.
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