The realized gains from selling of trading securities and available-for-sale securities are the differences between the selling
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Question:
The realized gains from selling of trading securities and available-for-sale securities are the differences between the selling price and:
Select one:
a.the cost for both securities.
b.the fair value at the most recent financial statements for both securities.
c.the fair value at the most recent financial statements and the cost, respectively.
d.the cost and the fair value at most recent financial statements, respectively.
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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