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 avalatile-tor-sale 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 833,900.
Explain how the decrease in fair value of the mpourties would be reported on Govari Foods' Francial statements for the year?
The avallable-for-sale securties would be meported as a cyertent asset =f on the balance sheet with a cost of 537,500 less the yaluation allowance for axaliftheferanalesecverities =O? of 1 for a net fair
X would be reported as a reduction of steckhelfers'eswity ~ f on the balance sheet.
Feentuck
F Check My Work
Partially correct
Module is Aselonment Aecerting avalatile - tor -

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