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A company purchased marketable securities for $27,439 that are worth $33,967 at the end of the...

A company purchased marketable securities for $27,439 that are worth $33,967 at the end of the accounting period. If they are classified as "Held to Maturity," they will be reported on the balance sheet at: (enter only digits, do not enter dollar sign or comma in your answer)

$?

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Answer #1

If the investment is assumed to be held to maturity then the investment will be recorded at its purchase price or historical cost of acquisition,

Thus the answer is: 27439

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