There was a big debate about whether credit-related gains and losses on own-company debt should be recognized in income or deferred in other comprehensive income. Advocate your position (1. that these gains and losses should be recognized in income, OR 2. that these gains and losses should be deferred in other comprehensive income) for each of the following item: Cash & Cash Equivalents Trade Receivables Loans Receivables Inventory Prepaid Assets Investments-Trading Investments -AFS InvestmentsHTM Investments with Significant Influence Investments with Control PPE Capitalized Software Development Costs Capital Lease Assets - Current Liabilities - Variable Rate Debt Fixed Rate Debt Capital Lease Obligations Pension & Post-retirement Benefits Derivative Assets/Liabilities (without hedge accounting) Derivative Assets/Liabilities (without hedge accounting) Derivatives Assets/Liabilities (FV hedges) Intangibles with Definite Lives Intangibles with Indefinite Lives - - - - There was a big debate about whether credit-related gains and losses on own-company debt should be recognized in income or deferred in other comprehensive income. Advocate your position (1. that these gains and losses should be recognized in income, OR 2. that these gains and losses should be deferred in other comprehensive income) for each of the following item: Cash & Cash Equivalents Trade Receivables Loans Receivables Inventory Prepaid Assets Investments-Trading Investments -AFS InvestmentsHTM Investments with Significant Influence Investments with Control PPE Capitalized Software Development Costs Capital Lease Assets - Current Liabilities - Variable Rate Debt Fixed Rate Debt Capital Lease Obligations Pension & Post-retirement Benefits Derivative Assets/Liabilities (without hedge accounting) Derivative Assets/Liabilities (without hedge accounting) Derivatives Assets/Liabilities (FV hedges) Intangibles with Definite Lives Intangibles with Indefinite Lives