Introduction:
Available-for-sale (AFS) securities are securities/shares which are purchased to earn dividend, interest or to increase fair market value. When these securities are sold in the short term, then they become short term investments else they are considered as long term investments.
To determine:
1.
2. A table to compare the year-end cost and fair values of Rose’s short-term investments in available-for sale securities.
3. The
4. The
5. The effect of short term investment on (a) income statement for the year 2015 and (b) equity section of its balance sheet at the year-end 2015

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Chapter 15 Solutions
WORKING PAPERS F/ FUND ACCOUNTING
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