Shared Flashcard Set

Details

Chapter 12
Investments
4
Accounting
Undergraduate 2
03/28/2007

Additional Accounting Flashcards

 


 

Cards

Term
What type of security is a Held-to-maturity?
Definition
Debt securities for which the investor has the positive intent and ability to hold to maturity.
Term
What type of security is Securities available-for-sale?
Definition
Debt or equity securities not classified as either securities held-to-maturity or trading securities.
Term
What type of security is a Trading securities?
Definition
Debt or equity securities held for immediate resale.
Term
What are all investment securites initially recorded at?
Definition
Cost
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