Sometimes the organization does not sell stocks or bonds that have increased in value but decides to hold them for the future. At the end of each accounting period, the organization must determine the market value of these investments. Although the gain, if there is one, is not realized unless the stock is sold, it must be reported as revenue.

This unr ____ ed gain is just as much a part of revenues on the statement of activities as d ______ s and i _____ t or other realized g __ s.