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Westwinds Industries correctly reported its investment in bonds issued by Carlton Corp. at amortized cost. How were the bonds categorized by Westwinds Industries? Available-for-Sale Held-to-Maturity

Westwinds Industries correctly reported its investment in bonds issued by Carlton Corp. at amortized cost. How were the bonds categorized by Westwinds Industries?

  • Available-for-Sale

  • Held-to-Maturity

  • Trading Securities

  • Equity Investment with Significant Influence

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