Question
The unrealized holding gain or loss on trading securities is recorded on the: A) income statement in the period after the security price change B)
The unrealized holding gain or loss on trading securities is recorded on the:
A) income statement in the period after the security price change
B) income statement in the period of the security price change
C) balance sheet as a deferred charge in the period of the security price change
D) balance sheet as a separate component of stockholders equity
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MP Auditing And Assurance Services W/ACL Software CD ROM A Systematic Approach
Authors: William Messier Jr, Steven Glover, Douglas Prawitt
9th Edition
1259162346, 978-1259162343
