Fill in the Blanks: Chapter Nine 1. The correct classification
of an investment is based upon the ____________ intent for which
it was acquired. 2. The ____________amortized cost method is
used to account for held-to-maturity investments. 3. The
____________available for sale securities category is used to
account for securities that are neither trading nor held to
maturity. 4. The available sale securities are reported on the
balance sheet at ____________fair market value. 5. Changes in
the value of available for sale securities are reported in
____________other comprehensive income. 6. The ____________all
inclusive approach to measuring income is generally employed in
modern financial reporting. 7. When bonds are sold at more than
face value, the difference between the issue price and the face
value is commonly referred to as a ____________premium. 9.
Premium amortization causes interest income to
____________decrease. 10. Bond investment ____________discount
amortization causes investment income to be incr