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  3. Study Set
    Financial Accounting
  4. Exam
    Exam 5: Communicating and Interpreting Accounting Information
  5. Question
    Gains and Losses on Sales of Investments Are Reported on the Income
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Gains and Losses on Sales of Investments Are Reported on the Income

Question 113

Question 113

True/False

Gains and losses on sales of investments are reported on the income statement as a component of income from operations.

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