Answer:
$29,000
Explanation:
The Held-to-maturity securities to be carried at amortized cost
The available-for-sale & trading securities to be carried at fair value (FV).
Therefore, the investment portfolio is reported at the following amounts:
Mann Co. $10,000 (Cost)
Kemo, Inc. $10,000 (Fair value)
Fenn Corp. $9,000 (Fair value)
Total $29,000
So, Ott's December 31, Year 1, balance sheet should report total marketable debt securities as $29,000
Answer:
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Loan investment account.. can be either side of the account depending on how the accountant set up the system
<span>the action of selling the same product at different prices to different buyers, in order to maximize sales and profits.
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Answer:
The best answer to your question would be College students on a budgets
Explanation:
