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Gains on Sale of Investments are reported on the ______ and result from sales of investments at a price ______ than the original cost. Multiple

Gains on Sale of Investments are reported on the ______ and result from sales of investments at a price ______ than the original cost.

Multiple choice question.

income statement under Other Items; higher

balance sheet under Other Items; lower

income statement under Operating Activities; lower

balance sheet under Current Assets; higher

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