Why is a trading security always a current asset, Accounting Basics

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Why is a trading security always a current asset

Report trading investments

Answer these questions about investments.

1. What is the amount to report on the balance sheet for a trading security?

2. Why is a trading security always a current asset? Explain.

If possible, please give examples to better understand your answers.

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Accounting Basics: Why is a trading security always a current asset

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Accounting Basics: Why is a trading security always a current asset

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