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23. Which of the following is true? A) Gains or losses on trading securities are reported on the income statement only when they are realized.

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23. Which of the following is true? A) Gains or losses on trading securities are reported on the income statement only when they are realized. B) Gains or losses on trading securities are reported on the income statement whether they are realized or unrealized. C) Gains or losses on trading securities are reported on the income statement only when they are unrealized. D) Gains or losses on trading securities are not reported on the income statement whether they are realized or unrealized

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