When securities are transferred from trading securities to available-forsale, then a. Gain/loss recognized as unrealized should be
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When securities are transferred from trading securities to available-forsale, then
a. Gain/loss recognized as unrealized should be reversed
b. Gain/loss recognized as unrealized should not be reversed
c. Gain/loss recognized as unrealized will be adjusted with other comprehensive income
d. None of the above
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Related Book For
Accounting For Investments Equities Futures And Options Volume 1
ISBN: 9780470824313
1st Edition
Authors: R. Venkata Subramani
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