Investment items that management expects to holdfor more than one year or the operating cycle,whichever is longer, are classified as long-term(noncurrent)investments.1)Trading securities2)Available-for-sale securities3) Held-to-maturity debt securitiesWHUTAccountingdepartmentof managementschool
WHUT Accounting department of management school Investment items that management expects to hold for more than one year or the operating cycle, whichever is longer, are classified as long-term (noncurrent) investments. 1) Trading securities 2) Available-for-sale securities 3) Held-to-maturity debt securities
Classifying Long-Term AssetsActivelyUsedinOperationsExpectedtoBenefitFuturePeriodsIntangibleTangibleNoPhysicalPhysicalSubstanceSubstanceWHUTAccountingdepartmentofmanagementschool
WHUT Accounting department of management school Tangible Physical Substance Intangible No Physical Substance Expected to Benefit Future Periods Actively Used in Operations Classifying Long-Term Assets