QUESTION 18 All available-for-sale (AFS) debt investments are reported on the balance sheet at replacement cost net realizable value current market value historical cost QUESTION 19 If the Fair Value Adjustment - Trading account for trading debt investments has a debit balance. It is considered to be a contra account reported in the other income and expenses section of the income statement subtracted from the Trading Debt Investment account to determine carrying value added to the Trading Debt Investment account to determine carrying value QUESTION 20 Investments in equity securities are classified into three specific types based on the investor's level of influence over the investee company. True False Click Save and Submit to save and submit. Click Save All Arwer to save all answers 16