Response to the following questions:
1. Briefly describe the two methods available to determine interest revenue and account for premiums and discounts on investments in bonds held to maturity.
2. Briefly describe how to record the transfer of an investment in a debt security (a) from the held-to-maturity category to the available-for-sale category, and (b) from the available-for-sale category to the held-to-maturity category
Support your answer using a minimum of two professional or academic sources.