Which category of securities is presented on the balance sheet at amortized cost?

Question

Quizplus · Accepted Answer

Held-to-maturity securities are presented on the balance sheet at amortized cost, meaning the initial cost is adjusted for any amortization of premiums or discounts and any interest or dividends received. The other categories of securities—securities available for sale, trading securities, and equity investments of less than 20 percent ownership—are presented on the balance sheet at fair value.

Which Category of Securities Is Presented on the Balance Sheet