Multiple Choice
A company has a long-term investment in available-for-sale securities.The Unrealized Gain on (long-term) Investment in Available-for-Sale Securities is reported as:
A) Other Comprehensive Income in the Statement of Comprehensive Income.
B) Other Gains on the income statement.
C) Accumulated Other Comprehensive Income on the balance sheet.
D) A and C.
Correct Answer:
Verified
Correct Answer:
Verified
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