On december 31 2012 company a had available-for-sale


Question: On December 31, 2012 Company A had available-for-sale marketable securities with a cost of $1,680, fair value of $1,838 and unrealized gains of $158. What was the carrying amount of the securities on Companys books?

1. What would the carrying amount have been had the securities been trading securities?

2. What would the carrying amount have been if the securities had been debt held to maturity?

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Accounting Basics: On december 31 2012 company a had available-for-sale
Reference No:- TGS02551382

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