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On December 31, Reggit Company held the following short-term investments in its portfolio of available-for-sale debt securities, Reggit had no short-term investments in its prior

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On December 31, Reggit Company held the following short-term investments in its portfolio of available-for-sale debt securities, Reggit had no short-term investments in its prior accounting periods. After the fair value adjustment is made, prepare the assets section of Reggit Company's December 31 classified balance sheet. is the unrealized gain (or loss) on the portfolio of available-for-sale securities reported on the income statement? Complete this question by entering your answers in the tabs below. After the fair value odjustment is made, prepare the assets section of Reggit Company's December 31 classified balance sheet. Note: Amounts to be deducted should be indicated with a minus sign. Complete this question by entering your answers in the tabs below. Is the unrealized gain (or loss) on the portfolio of available-for-sale securities reported on the income statement? Is the urvealized gain (ot loss) on the portfolio of avalable-forsale secuitios reported on the income statement

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