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Equity securities: The equity securities are the securities which represents the claim on profits and the resources of an enterprise.
Marketable securities: Investments which can be easily bought and sold on the market are marketable securities. They are very popular among the individual and institutional investors because of its high liquidity.
Non - marketable securities: Any securities which cannot be easily bought and sold on the market are called non- marketable securities. The risk involved in these securities is very low risk. They are also called non-negotiable securities and non-trade securities.
To determine the difference between the accounting treatment for marketable versus nonmarketable equity securities.
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Chapter 17 Solutions
ACP INTERMEDIATE ACCOUNTING VOL. 1 >C
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