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Select the reporting category that each of the investments listed below most likely should be accounted for based on the information provided. table [
Select the reporting category that each of the investments listed below most likely should be accounted for based on the information provided.
tableItem of the nonvoting preferred stock of American Aircraft Company. Treasury bills to be heldtomaturity. Twoyear note receivable from affiliate. Accounts receivable. Treasury bond maturing in one week Common stock held in an investment account for immediate resale. Bonds acquired to profit from shortterm differences in price. of the voting common stock of Computer Storage Devices Company. of the voting common stock of Affiliated Peripherals, Incorporated Corporate bonds of Primary Smelting Company to be sold if interest rates fall table of the voting common stock of Smith Foundries Corporation familyowned by Smithfamily; fair value readily determinable of the voting common stock of Shipping Barrels Corporation Investors CEO on the board ofdirectors of Shipping Barrels Corporation
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