Extra credit available for sale securities are reported at


Extra credit. Available for sale securities are reported at fair value. This means that changes in fair value are reported in other comprehensive income. Can you provide a scenario where the company purchased a bond classified as AFS and the market value of the bond has remained constant throughout, yet the company will need to report other comprehensive income as a result of the investment? Hint: Refer to the two-word phrase that describes the accounting method for HTM.

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Financial Management: Extra credit available for sale securities are reported at
Reference No:- TGS02160877

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