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CPA- FAR

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Question:

Available-for-Sale (AFS) Debt Security: Current or Not Current? Measurement? Unrealized G/L? Realized G/L? Credit Loss Treatment?

Author: LandiniLizard



Answer:

Current, FV@BS Date (Compared to Cost), OCI, IS, Amortized Cost - PV = Credit Loss on IS (excess over FV goes to OCI)


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