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Changes from cost are reported as part of net income for a. available-for-sale equity securities. b. held-to-maturity securities. C. available-for-sale debt securities. d. trading securities.
Changes from cost are reported as part of net income for a. available-for-sale equity securities. b. held-to-maturity securities. C. available-for-sale debt securities. d. trading securities. Short-term investments are reported in A. the current assets section of the balance sheet before Cash. B. a separate section of the balance sheet before current assets. C. the current assets section of the balance sheet after Cash. D. a separate section of the balance sheet after current assets. The balance sheet presentation of an unrealized loss on an available-for-sale security is similar to the statement presentation of A. discount on bonds payable. B. treasury stock C. prepaid expenses. D. allowance for doubtful accounts. Companies do not report significant noncash activities in A. a separate note to the financial statements. B. a separate schedule at the bottom of the statement of cash flows. C. a supplementary schedule to the financial statements. D. the body of the statement of cash flows. In a worksheet for the statement of cash flows, a decrease in accounts receivable is entered in the reconciling columns as a credit to Accounts Receivable and a debit in the A. investing activities section. B. operating activities section. C. financing activities section. D. None of the answer choices is correct
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