A marketable security is initially classified as a trading, Ask an Expert

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A marketable security is initially classified as a trading security, or an available-for-sale security, or a held-to-maturity debt security. Subsequently, a security can be transferred between categories.

Required:

Explain the accounting for a related unrealized holding gain or loss when a transfer between categories occurs.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92089762

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