A short-term debt instrument that is held to earn interest will be valued at fair value on the balance sheet.

Name: A short-term debt instrument that is held to earn interest will be valued at fair value on the balance sheet.
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Question

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Short-term debt instruments held to earn interest are typically valued at amortized cost, not fair value, unless they are classified as trading securities or available-for-sale.

A Short-Term Debt Instrument That Is Held to Earn Interest