Investments in available for s
Investments in available for sale marketable securities:
1) Only include investments in the capital stock of publiclytraded corporations
2) May be reported in the balance sheet at market values lowerthan cost, but never at values in excess of original cost
3) Are carried in the accounting records at current marketvalues, and therefore do not generate gains or losses when sold atmarket values.
4) Are adjusted to current market value at the end of eachaccounting period.
Answer:
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