Signify the item that most accurately and completely describes how the long term investments unrealized gain and unrealized loss accounts should be reported on the financial statements. O On the income statement as their own classifications. O In the assets section (gains) and liabilities section (losses) of the balance sheet. In the assets section of the balance sheet as assets (gains) and contra assets (losses). In the assets section of the balahe sheet as their own classifications. In the equity section of the balance sheet as their own classifications