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When the market value of an investment in debt securities in which the company has a positive intent and ability to hold to maturity exceeds its carrying amount, how should each of the following assets be reported at the end of the year?

Long-term marketable debt securities / Short-term marketable debt securities
a. Market value / Carrying amount
b. Carrying amount / Market value
c. Market value / Market value
d. Carrying amount / Carrying amount

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1 vote

Answer:

c

Step-by-step explanation:

User Bushmaster
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Answer:

(D) Carrying amount / Carrying amount

User Seth Spearman
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