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Old 02-09-2024, 02:49 PM
backers23 backers23 is offline
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Preferred Stock Residual Interest Note 20 Audited statements

We have a perpetual preferred stock equity interest portion. On our books it was recorded as Pref Stock but is residual interest as well. We reported it on Sch BA adopting the new bond definition early. For STAT audited statements and Note 20, should this asset be reported as Preferred Stock or as Other invested asset?
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