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In: Accounting

Based on your chapter reading, key point lecture notes, and study ppt slides, please state that...

Based on your chapter reading, key point lecture notes, and study ppt slides, please state that the major difference in the accounting for a portfolio of "trading securities" vs. "available-for-sale securities" vs. "held-to-maturity"?

In other words, what are the main differences in accounting treatment among the three categorized investment holdings, trading securities, available-for-sale securities, and held-to-maturity
(the accounting treatment rules, rationale behind, or underlying principle? (Do these rationales make sense to you?)

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