Trading and available-for-sales investments, Financial Accounting

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Trading and available-for-sales investments

Trading and available-for-sales investments are

a. Recorded at cost and reported at cost.

b. Recorded at cost but reported at fair market value.

c. Recorded at fair market value and reported at fair market value.

d. Recorded at cost but reported at lower of cost or fair market value.

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Financial Accounting: Trading and available-for-sales investments

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Financial Accounting: Trading and available-for-sales investments

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