Match the following terms with the appropriate definitions.
-Debt and equity securities not classified as trading or held-to-maturity.
A)Available-for-sale securities
B)Equity method
C)Parent company
D)Consolidated financial statements
E)Long-term investments
F)Unrealized gain (loss)
G)Trading securities
H)Return on total assets
I)Subsidiary
J)Held-to-maturity securities

Question

Quizplus · Accepted Answer

Available-for-sale securities are debt and equity securities not classified as trading or held-to-maturity, and they are recorded at fair value on the balance sheet. Unrealized gains and losses on these securities are reported in other comprehensive income until they are sold.

Match the Following Terms with the Appropriate Definitions