- Paragraph Describes Classification Of Debt Securities Into One Of Three Categories O Trading Securities If A Securit 1 (56.34 KiB) Viewed 54 times
• paragraph describes classification of debt securities into one of three categories: o Trading securities. If a security is acquired with the of it within the security shall be classified as trading. However, at acquisition an entity can classify a security as a trading a security even if it plans to hold for a longer period. hours or o Available-for-sale securities. Investments in debt securities classified as trading securities or as held-to-maturity securities shall be classified as available-for-sale securities. o Held-to-maturity securities. Investments in debt securities shall be classified as held-to- maturity the reporting entity has the and to hold those securities to