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The account Unrealized LossIncome is reported: a. in the other expenses and losses section of the income statement. b. in the operating section of the
The account Unrealized LossIncome is reported:
a. | in the other expenses and losses section of the income statement. |
b. | in the operating section of the income statement. |
c. | as a contra account in the current asset section of the balance sheet. |
d. | as a contra account in the stockholders' equity section of the balance sheet. |
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