What is the reasoning for including unrealized gains and losses on trading securities in income but including

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What is the reasoning for including unrealized gains and losses on trading securities in income but including unrealized gains and losses on available-for-sale securities in Other Comprehensive Income?

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Financial Accounting An Introduction to Concepts, Methods and Uses

ISBN: 978-1133591023

14th edition

Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis

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Question Posted: Mar 04, 2014 05:47 AM

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What is the reasoning for including unrealized gains and losses on trading securities in income but including

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Firms acquire trading securities primarily for their shortterm prof...View the full answer

Financial Accounting An Introduction to Concepts, Methods and Uses

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