If There Is an Unrealized Holding Gain on Available-For-Sale Investments,it

question 95

Multiple Choice

If there is an unrealized holding gain on available-for-sale investments,it is reported ________.

• A)as an adjustment to stockholders' equity on the balance sheet
• B)as a debit to the long-term assets
• C)as a separate line item on the income statement
• D)as a credit to the short-term assets

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Definitions:

Planter

Refers to a landowner in the pre-Civil War South who owned slaves and engaged in agriculture, typically cultivating cash crops.

British Concept

This term is broad and could refer to an idea, principle, or theory originating from or intrinsic to Britain, but requires further context for a specific definition.

Eighteenth Century

The eighteenth century, spanning the years 1701 to 1800, is often characterized by the Enlightenment, significant colonial expansion, and numerous wars in Europe.

Liberty

Enjoying a lifestyle in society not dictated by oppressive rules from authorities on how one should behave, live, or think politically.