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12/31, a bond (AFS) has an amortized cost/FV of $800,000/ $825,000. Its FV adj. account had a debit bal. of $20,000 on 1/1. What
12/31, a bond (AFS) has an amortized cost/FV of $800,000/ $825,000. Its FV adj. account had a debit bal. of $20,000 on 1/1. What is the FV adjust. related amount on the IS?
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The FV adjust related amount on the income statement IS is the amount of unrealized gain or loss on ...
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Advanced Accounting
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
11th edition
538480289, 978-0538480284
