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Markot Corporation Purchased $400,000 of Securities and Classified Them as Available-For-Sale.The

Question 182

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Markot Corporation purchased $400,000 of securities and classified them as available-for-sale.The market value of the securities went up to $475,000.Markot Corporation should ________.


A) show these securities on its balance sheet at their market value
B) report a holding gain on its income statement
C) report a holding loss on its income statement
D) report an unrealized gain on its income statement

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