Top Posters
Since Sunday
o
1
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
H3Ko H3Ko
wrote...
Go to Answer
Posts: 4891
Rep: 45 0
7 years ago
Which of the following is a condition to record an investment as an available-for-sale security?
A) It must be a debt security.
B) The ownership in the voting stock of the investee should be less than 20 percent.
C) The investor plans to hold the debt security until it matures.
D) The investor should have a significant interest in the voting stock of the investee.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
Read 164 times
2 Replies
Replies
Answer verified by a subject expert
.unplugged..unplugged.
wrote...
#1
Top Poster
Posts: 1272
Rep: 267 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

H3Ko Author
wrote...
#2
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1150 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 700
  
 376
  
 300
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 820
Previous poll results: Who's your favorite biologist?