Realized Gains and Losses on Investments in Available-For-Sale Securities Are

question 29

Multiple Choice

Realized gains and losses on investments in available-for-sale securities are reported

• A) as a current asset.
• B) on the income statement.
• C) on the balance sheet as part of shareholders' equity.
• D) as a contra asset.

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Definitions:

Distal Convoluted

Pertains to the part of the nephron in the kidney farther from the renal corpuscle, involved in the reabsorption of water, sodium, and chloride.

Loop Of Henle

The portion of the renal tubule that curves back toward the renal corpuscle and twists again to become the distal convoluted tubule.

Renal Corpuscle

The initial filtering component of the nephron in the kidney, where blood plasma is filtered through the capillary walls of the glomerulus into the Bowman's capsule.

Renal Artery

A blood vessel that supplies the kidneys with oxygen-rich blood.