Question: Module is Aselonment Aecerting avalatile - tor - sale securtiors Feods expects it will selt the securities within the nevt reas se the ent of
Module is Aselonment
Aecerting avalatiletorsale securtiors Feods expects it will selt the securities within the nevt reas se the ent of the vear, these securties had a marky value of
Explain how the decrease in fair value of the mpourties would be reported on Govari Foods' Francial statements for the year?
The avallableforsale securties would be meported as a cyertent asset on the balance sheet with a cost of less the yaluation allowance for axaliftheferanalesecverities of for a net fair
X would be reported as a reduction of steckhelfers'eswity ~ on the balance sheet.
Feentuck
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Partially correct
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