Please make sure to explain why the items are equity, debt, or neither. As well as make sure to explain how each one should be classified. Other people just sorted them and didn't give the classification.

Sort the items into equity, debt, and neither. Then discuss the equity items and explain how they are classified and why. The discuss how the debt items would be classified, and why. Then discuss any items that are neither and why they are neither. Conclude with a summary statement about investments.

Consider using these terms in your discussion: held-to-maturity, available-for-sale, trading, fair value through NI, equity method, consolidation.

1.Common stock held in an investment account for immediate resale

2.Corporate bonds of Primary Smelting Company to be sold if interest rates fall 1/2%

3.90% of the voting common stock of Affiliated Peripherals, Inc.

4.Treasury bills to be held-to-maturity

5.15% of the voting common stock of Computer Storage Devices Company

6.Corporate bonds that will mature in two weeks

7.Accounts receivable8.35% of the non-voting preferred stock of American Aircraft Company

9.Bonds acquired to profit from short-term differences in price

10.20% of the voting common stock of Shipping Barrels Corporation. The investors CEO on the board of directors of Shipping Barrels Corporation.