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An Investor in Available-For-Sale Securities Has the Following Information Available

Question 72

Multiple Choice

An investor in available-for-sale securities has the following information available at December 31,2012: An investor in available-for-sale securities has the following information available at December 31,2012: How does the investor report the change in market value on the available-for-sale securities at December 31,2012? A) unrealized loss of $1,000 on income statement B) unrealized gain of $1,000 on income statement C) $1,000 is added to accumulated other comprehensive income account on the balance sheet D) $1,000 is subtracted from the accumulated other comprehensive income account on the balance sheet How does the investor report the change in market value on the available-for-sale securities at December 31,2012?


A) unrealized loss of $1,000 on income statement
B) unrealized gain of $1,000 on income statement
C) $1,000 is added to accumulated other comprehensive income account on the balance sheet
D) $1,000 is subtracted from the accumulated other comprehensive income account on the balance sheet

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