Identify how are each of the five classes of security (Trading; AFS; HTM; Significant Influence;...

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Accounting

  1. Identify how are each of the five classes of security (Trading; AFS; HTM; Significant Influence; and, Controlling Interest) are reported on the balance sheet (current or long-term asset and valuation).
  2. Prepare aJEfor the receipt of $500cash dividendsfor each class of the equity securities below:Trading
  • Available for sale
  • Significant influence
  • Controlling interest

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