In accordance with the historical cost principle the cost of debt investments includes brokerage fees and accrued interest.

Name: In accordance with the historical cost principle the cost of debt investments includes brokerage fees and accrued interest.
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The historical cost of debt investments includes brokerage fees but not accrued interest. Accrued interest is considered a separate component and is not part of the initial cost basis of the investment.

In Accordance with the Historical Cost Principle the Cost of Debt