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Do It! Review 16-03b Identify where each of the following items would be reported in the financial statements. Item Financial statement Category 1. Loss on

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Do It! Review 16-03b Identify where each of the following items would be reported in the financial statements. Item Financial statement Category 1. Loss on sale of investments in stock. 2. Unrealized gain or loss-equity. 3. Fair value adjustment-trading. 4. Interest earned on investments in bonds. S. Unrealized loss on trading securities

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