Investments in debt securities should be recorded on the date of acquisition at

Name: Investments in debt securities should be recorded on the date of acquisition at
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Question

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Investments in debt securities are recorded at their acquisition cost, which includes the purchase price (market value) plus any additional costs such as brokerage fees and other expenses directly related to the purchase. This approach ensures that the initial investment is recorded at the total cost incurred to acquire the security.

Investments in Debt Securities Should Be Recorded on the Date