All of the Following Statements About Financial Statement Gains and Losses

Multiple Choice

All of the following statements about financial statement gains and losses on debt investments are true except

A) the account "Fair Value Adjustment - Available-For-Sale" is reported on the balance sheet.
B) unrealized losses on trading securities are reported on the income statement.
C) unrealized losses on available-for-sale securities are reported on the income statement.
D) the account "Fair Value Adjustment - Trading" is reported on the balance sheet.