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According to the FASB, how should unrealized gains on the investment portfolio of a not-for-profit organization be recognized? Reported in the net asset section of

According to the FASB, how should unrealized gains on the investment portfolio of a not-for-profit organization be recognized?

Reported in the net asset section of the balance sheet.

Reported on the statement of activities.

Reported according to whether the gains relate to trading, or held-to-maturity assets.

Not recognized.

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