An unrealized holding loss on a company's available-for-sale securities should be reflected in the current financial statement

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An unrealized holding loss on a company's available-for-sale securities should be reflected in the current financial statement as a. an extraordinary item shown as a direct reduction from retained earnings. b. a current loss resulting from holding securities. C. a note or parenthetical disclosure only. d. other comprehensive income and deducted in the equity section of the balance sheet

Posted Date: Jun 26, 2024 06:36 PM

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An unrealized holding loss on a company's available-for-sale securities should be reflected in the current financial statement

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