Business
Business, 24.10.2021 01:10, jwjohnson20

Andy is journalizing the receipt of interest on securities. In doing so, he enters debits to Interest Receivable and Debt Investments and a credit to Interest Revenue. This entry indicates that the payment was received for securities classified as securities. A. held-to-maturity or available-for-sale
B. available-for-sale
C. held-to-maturity
D. trading

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Answers: 2

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