Question
Unrealized gains and losses on investments in trading securities are reported a. as a current asset b. on the income statement c. on the balance
Unrealized gains and losses on investments in trading securities are reported
a. as a current asset
b. on the income statement
c. on the balance sheet as part of stockholders' equity
d. as a contra asset)
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Accounting An Introduction
Authors: Eddie McLaney, Peter Atrill
2nd Edition
0273655507, 978-0273655503
