Section 3
Debt for Sale
Book
Version 3
By Boundless
By Boundless
Boundless Accounting
Accounting
by Boundless
3 concepts
Accounting for Sale of Debt
How debt sales are recorded depends on whether the debt is classified as "held-to-maturity," "a trading security," or "available-for-sale".
Accounting for Sale of Stock
How the stock sale is accounted for depends on the type of stock sold.
Assessing Fair Value
Companies must calculate the fair market value for these available for sale securities at the end of each subsequent accounting period.