Does an unrealized gain or loss on trading securities require recognition in a statement of cash flows?

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Does an unrealized gain or loss on trading securities require recognition in a statement of cash flows? Would your answer change if the securities are classified as available-for-sale?

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Introduction to Financial Accounting

ISBN: 978-0133251036

11th edition

Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick

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Question Posted: Feb 20, 2015 09:29 AM

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Does an unrealized gain or loss on trading securities require recognition in a statement of cash flows?

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Unrealized gains losses on trading securities are noncash items ...View the full answer

Introduction to Financial Accounting

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