The Balance in the Unrealized Gain or Loss-Equity Account Will

question 113

Multiple Choice

The balance in the Unrealized Gain or Loss-Equity account will

• A)appear on the balance sheet as a contra asset.
• B)appear on the income statement under Other Expenses and Losses.
• C)appear as a deduction in the stockholders' equity section.
• D)not be shown on the financial statements until the securities are sold.

---

Definitions:

Tone

The general character or attitude of a piece of writing, situation, or speech, or the pitch and strength of a sound.

Conditioned Stimulus

A previously neutral stimulus that, after association with an unconditioned stimulus, elicits a conditioned response.

Buzzer

A device that produces a buzzing sound, often used as a signal or alarm.

Unconditioned Response

A spontaneous and inherent response to a stimulus that happens without previous learning or conditioning.