Regarding Accounting Entries for Debt Securities, Which of the Following

question 51

Multiple Choice

Regarding accounting entries for debt securities, which of the following is true?

• A) The receipt of interest revenue is recorded with a debit to Interest Revenue and a credit to Cash.
• B) Investments in debt securities are recorded at cost, including any brokerage fees paid.
• C) The receipt of interest revenue is recorded with a debit to Cash and a credit to Held-to-Maturity Debt Investments.
• D) Debt securities disposed of at maturity are recorded with a debit to the Short-term or Long-term Investments account and a credit to Cash.

---

Definitions:

Culture

The attitudes, traditions, artifacts, and behaviors that characterize a group of people.

Distinct Language

A language that is uniquely characterized by its own vocabulary, grammar, and syntax, differentiating it from other languages.

Mode Of Dress

The typical style or manner in which individuals choose to clothe themselves, often influenced by cultural, social, or personal preferences.

Three-Dimensionality

The quality of having or appearing to have length, breadth, and depth; often related to objects in space or representations giving a sense of volume.