When the equity securities are transferred from AFS to trading securities, a. The unrealized gain/loss is recognized
Question:
When the equity securities are transferred from AFS to trading securities,
a. The unrealized gain/loss is recognized on T + 2
b. The unrealized gain/loss is not recognized at all
c. The realized gain/loss is recognized immediately
d. The unrealized gain/loss is recognized immediately
e. Realized gain/loss of trading securities is treated in the same way as in AFS
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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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