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What is Debit security? What are the differences between trading of debit security and held available for sale?

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Question added by Abdullah Aziz Eldain Morsi Elgendy - CMA Candidate , Regional Receivable Accountant , Amiantit Group of Companies
Date Posted: 2016/12/13
Moataz Elsabawy
by Moataz Elsabawy , مدير مالى , مجموعه شركات الانصار

Debit security means bonds . Trading securities are acquired for the purpose of selling them throughout short term and at the end of fiscal year evaluate at its fair value then the difference its acquired cost and fair value treated on the income statement . Available for sale means that the management didn't decide yet either it will sell the bonds at the short run or it will held them to maturity date and the difference among fair and acquired value treated as other comprehensive item on the comprehensive income statement .

Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

A held-for-trading security refers to debit and equity investment that are purchased with the intend of selling them with a short period of time. *Debit securities is a type of bond,asset -backed securities bundle together consumer debit,such as home loans *Debt securities are investments into debt instruments

Frank Mwansa
by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER

Debt security a term used to describe government bonds , corporate bond etc. Trading debt  security are bought and sold under normal business operations while  held for sale  assets refer to the asset whose carrying  amount will be recovered principally through a sale transaction rather than through continuing use

Muhammad alyas baig
by Muhammad alyas baig , Accountant , Allied school

like govt. bonds,corporate bonds,preferred stock

manseer muhammed ali
by manseer muhammed ali , Accountant General , Royal Lighting L.L.C & Royal Furnishing LLC

Debt security refers to a debt instrument, such as a government bond, corporate bond, certificate of deposit (CD), municipal bond or preferred stock, that can be bought or sold between two parties and has basic terms defined, such as notional amount (amount borrowed), interest rate, and maturity and renewal date. It also includes collateralized securities, such as collateralized debt obligations (CDOs), collateralized mortgage obligations (CMOs), mortgage-backed securities issued by the Government National Mortgage Association (GNMAs) and zero-coupon securities.

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