This exercise book is the first of three exercise books that correspond directly with the Long-Term Assets textbook. The exercises relate specifically to Part 1 of the Long-Term Assets textbook. Exercises cover available for sale and held to maturity securities, balance sheet presentation, investment purchases at par, purchases at a premium, and purchases at a discount. The exercises also cover accounting for equity investments.

1. Problem 1
   1. Worksheet
   2. Solution
2. Problem 2
   1. Worksheet
   2. Solution
3. Problem 3
   1. Worksheet
   2. Solution
4. Problem 4
   1. Worksheet
   2. Solution
5. Problem 5
   1. Worksheet
   2. Solution
6. Problem 6
   1. Worksheet
   2. Solution
7. Problem 7
   1. Worksheet
   2. Solution