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Indicate where each of the following items is reported on financial statements. Choose from the following categories: (a) current assets, (b) long-term investments, (c) current
Indicate where each of the following items is reported on financial statements. Choose from the following categories: (a) current assets, (b) long-term investments, (c) current liabilities, (d) long-term liabilities (e) other revenues and gains, (f) other expenses and losses, and (g) equity. 1. Trading securities 2. Unrealized gain 3. Held-to-maturity securities (due in 15 years) 4. Unrealized gain on trading securities 5. Fair value adjustment-Trading QS 15-14 Financlal statement presentation of investments C1 P1 P2 P3 P4 on available-for-sale securities QS 15-15 SO
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