Question: Why are certain securities defined as held to maturity and some are defined as available for sale? How are they treated differently in the

Why are certain securities defined as held to maturity and some are

Why are certain securities defined as held to maturity and some are defined as available for sale? How are they treated differently in the financial statements? Briefly explain. Why are current assets and current liabilities reported separately in the balance Sheet? What is the significance of this reporting style? -. LIST THREE CHARACTERISTICS OF BONDS THAT SEARATE THEM FROM OTHER LONG-TERM LIABILITIES: Do not discuss.

Step by Step Solution

★★★★★

3.41 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

1 Held to maturity securities are those that the company intends and has the ability to hold until maturity They are reported at amortized cost on the ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Required a. Use professional judgment in deciding on the preliminary judgment about materiality for earnings, current assets, current liabilities, and total assets. Your conclusions should be stated...

The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...

The State of Connecticut unfortunately has no major professional sports team. Hartford because of location, population, highways, an airport, and prior sports history is a suitable city to host a...

part 7-10 are required from the financial statement of Target Corp. ANNUAL REPORT PROJECT: INTRODUCTION The key learning objective for this project is becoming comfortable locating financial...

The statement of net position (i.e., a balance sheet) of a midsized city reports outstanding debt of $1,200,000,000. The city has a population of 800,000. The city is about to adopt the provisions of...

Briefly answer the following questions on corporate accounting: (a) What are the two main categories of assets on the left-hand side of a balance sheet? (b) For each category, list three types of...

Hello, I have an Express Catering problem that I need help with completing the Form 4562 and a couple of places on the 1120. I have attached the document below. Can anyone help? Thanks in advance....

Multiple Choice. Choose the best answer. 1. Which of the following correctly states the role of budgeting in proprietary funds? a. Proprietary fund managers should ensure that a valid appropriation...

The Java House is developing its annual financial statements for 2012. The following amounts were correct at December 31, 2012: cash, $58,800; investment in stock of PIZ corporation (long term),...

The following financial assets appeared in a recent balance sheet of Apple Computer, Inc. (dollar amounts are stated in millions): Cash and cash equivalents . . . . . . . . . . . . . . . . . . . . ....

Why is a quantity competition a better strategy of competition than price competition in an oligopoly market?

Both Apple and Google sell electronic devices like phones and computers, and each of these companies has a different product mix. Required 1. Assume the following data are available for both...

Concierge industries what is the effect on income if concierge industries purchase the component from the outside suppliers

A transport study is being undertaken incorporating four cities A, B, C and D. The travel costs between these cities in generalised time units are given below; note that intra-urban movements are...

A center-tapped transformer with 120 V input has a turns ratio of 4;1. What is the rms voltage across the upper half of the secondary winding? The peak voltage? What is the rms voltage across the...

You are interested in either buying or leasing a car. The price of the car is $50000. If you buy the car, you have to make a downpayment of 30% of the car price today. Thereafter, you will finance...

The City of Hays currently pays $7,234,382 in debt service annually with annual revenues totally $67,989,973. If the Citys benchmark debt ratio is 15%, can the City issue more debt? Why? If so, how...

According to the institute for Students in Shackles, 67% of all college students in a recent year graduated with student loan debt. The University of Central Florida reports that only 52% of its...

True or false Public relations careers for sports enthusiasts is pretty much limited to actual sports and athletes compete

Accounting Intermediate II Practice Questions: Please answer 1-3 . . Why are certain securities defined as held to maturity and some are defined as available for sale? How are they treated differ...

why are certain securities defined as held to maturity and some are defined as available for sale? how are they treated differently in the financial statements?

Accounting Intermediate II Practice Questions: Please answer 1-3 . . Why are certain securities defined as held to maturity and some are defined as available for sale? How are they treated differ...

hello tutors can someone help with question 2 and 3 please? Thank you Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10- K (Mark one) ANNUAL REPORT...