Lucky company invested in debt securities and classified them as htm. at the end of the accounting period, the value of the investment appreciated by $10,500. the company should:_________

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leneenmarshall745 leneenmarshall745

19-08-2022
Business

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Lucky company invested in debt securities and classified them as htm. at the end of the accounting period, the value of the investment appreciated by $10,500. the company should:_________

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rafikiedu08 rafikiedu08 · Answer 1 · 2022-08-26T06:35:32+02:00

Lucky company invested in debt securities and classified them as htm. at the end of the accounting period, the value of the investment appreciated by $10,500. the company should disclose the fair market value in the notes.

What is disclosure fair value?

Fair value, as characterized by the Fair Value Estimations and Divulgences Point, is the cost that would be gotten to offer an resource or paid to exchange a obligation in an deliberate exchange between advertise members at the estimation dates.
The Fair Value Measurements and Revelations Subject requires all resources and liabilities that are measured at reasonable esteem to be categorised inside the fair value pecking order.
This three-level progression is based on the discernibleness of the inputs utilized within the fair value estimation. The levels of the fair value progression are characterized as follows.

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