What is the GAAP justification for including unrealized holding gains and losses on trading securities in income
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What is the GAAP justification for including unrealized holding gains and losses on trading securities in income but reporting unrealized holding gains and losses on securities available for sale in accumulated other comprehensive income, a separate shareholders' equity account?
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Related Book For
Financial Accounting An Introduction To Concepts Methods And Uses
ISBN: 9780324183511
10th Edition
Authors: Clyde P. Stickney, Roman L. Weil
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