Question
Unrealized gains and losses on held-to-maturity securities are: a. reported on the income statement. b. not recognized because these securities are reported at their amortized
Unrealized gains and losses on held-to-maturity securities are:
| a. | reported on the income statement.
| |
| b. | not recognized because these securities are reported at their amortized cost.
| |
| c. | none of these answer choices are correct.
| |
| d. | reported on the balance sheet. |
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Accounting Information System
Authors: James A. Hall
7th Edition
978-1439078570, 1439078572
