Available-for-sale securities : Available-for-sale are short-term or long-term debt equity securities that are not classified as trading or held to maturity securities. These securities are readily sold in the short-term to receive return on investment . To prepare: the adjusting entry for recording in available-for-sale securities at fair value.

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Chapter AH, Problem H.6BE

To determine

Available-for-sale securities: Available-for-sale are short-term or long-term debt equity securities that are not classified as trading or held to maturity securities. These securities are readily sold in the short-term to receive return on investment.

To prepare: the adjusting entry for recording in available-for-sale securities at fair value.

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