When the fair value of an investment in debt securities exceeds its amortized cost, how should each of the following debt securities be

Question

reported at the end of the year, given no election of the fair value option? Debt Securities Classified As

Held-to-Maturity Available-for-Sale

A. Amortized cost Amortized cost

B. Amortized cost Fair value

C. Fair value Fair value

D. Fair value Amortized cost

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN · Answer

Held-to-Maturity ----Amortized cost

Available-for-Sale----- Fair value

Answer Option : B

Syed Ammar · Answer

B. Amortized cost Fair value

Ahmed kandil · Answer

answer B is the correct answer

IMRAN ALI MOHAMMED · Answer

The debt securities classified as Held to Maturity should be reported as 'Amortized Cost'  & Available for Sale as 'Fair Value'.

SHARIF KAKUBIZI · Answer

D. Fair value Amortized cost