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17-20 please i will upvote!! 17) Available for sale securities is a current asset. Any unrealized gain or loss should be disclosed in the stockholder's

17-20 please i will upvote!! image text in transcribed
17) Available for sale securities is a current asset. Any unrealized gain or loss should be disclosed in the stockholder's equity section of the balance sheet. (True/False) 18) Held to maturity securities is a long-term investment. Any unrealized gain or loss should be disclosed on the income statement. (True/False) 19) Investments in equity securities that represents 30% of the investee's stock should be accounted for under the equity method. (True/False) 20) A company owns 60% of the stock of the subsidiary company. As such the investor- investee companies represents a parent-subsidiary relationship. Under GAAP, the investment should be accounted for using the consolidation method. The rationale for this method is full disclosure and consistency. (True/False) 211) ABC

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