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Backboard emaining Time: 1 hour, 14 minutes, 32 seconds. Question Completion Status: QUESTION 42 Which of the following is CORRECT? Unrealized holding gains or losses

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Backboard emaining Time: 1 hour, 14 minutes, 32 seconds. Question Completion Status: QUESTION 42 Which of the following is CORRECT? Unrealized holding gains or losses on trading debt investments are reported in the other income and expenses) section of the income statement Alems included in comprehensive income enter into the determination of net income The Gain on Disposal of Equity Investment is an element of other comprehensive income The Unrealized Holding Gain Available for Sale account and Unrealized Holding Loss-Avaliable for Sale account are included the Other Income and (Expenses) section of the income statement QUESTION 43 A corporation originally issued 57 par value common stock for $13 per share purchased the stock for $18 per share. Which of the following is included in the entry to record the sale of 20 shares of treasury stock for $10 per whare? Treasury Stock-Common is credited for $380 Paid-in Capital from Treasury Stock Transactions is credited for $20 Paid-in Capital from Treasury Stock Transactions is credited for $300 Treasury Stock Common is debited for $380. QUESTION 44 2 Click Save and Subtitle and subuit. Click Save All Areas Save All Answers Close Window MacBook 888 A 19 W ! # 3 $ 4 % 5 A 6 2 & 7 8 9 o W E R T Y U I 0 A S DI F G H J L Z V R 2

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