42. The Unrealized gains or losses on trading securities are reported on the:

Select one:

a. income statement

b. balance sheet

c. statement of cash flows

d. are not reported on any financial statement

43. The unrealized gain/loss on available-for-sale investments will appear on the:

Select one:

a. balance sheet with the liabilities

b. income statement as other income/expense

c. balance sheet as a contra asset

d. balance sheet as a part of stockholders equity