Investments in debt securities
Presented below are unrelated cases involving investments in debt securities:
Case 1:
A company owns another firm's debt securities in the form of bonds. The bonds were acquired at a discount and are accounted for under the amortized cost model.
Case 2:
An investment in notes receivable that had been held for several years is being sold. The investment was accounted for under the amortized cost model.
Case 3:
A portfolio of debt investments has been determined to be impaired.
Instructions
Indicate the accounting required and/or available for each individual case.

Question

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The Answer of  Investments in debt securities
Presented below are unrelated cases involving investments in debt securities:
Case 1:
A company owns another firm's debt securities in the form of bonds. The bonds were acquired at a discount and are accounted for under the amortized cost model.
Case 2:
An investment in notes receivable that had been held for several years is being sold. The investment was accounted for under the amortized cost model.
Case 3:
A portfolio of debt investments has been determined to be impaired.
Instructions
Indicate the accounting required and/or available for each individual case.

Investments in Debt Securities