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How would a debit balance in Unrealized Gain (Loss) on Available-for-Sale Investments be reported in the financial statements? What about a credit balance? Is it
How would a debit balance in Unrealized Gain (Loss) on Available-for-Sale Investments be reported in the financial statements? What about a credit balance? Is it better to have an unrealized or realized gain and what are the effects on your bottom line? Also, how are the balance sheet and income statement affected by fair value accounting?
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