The Account Unrealized Gain Loss on Trading Investments Should Be

question 108

Multiple Choice

The account Unrealized Gain Loss on Trading Investments should be included in the

• A)income statement as other revenue expense
• B)balance sheet as an adjustment to the asset account
• C)balance sheet as an adjustment to stockholders' equity
• D)statement of retained earnings

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Definitions:

Chemoautotrophs

Organisms that obtain their energy through the chemical oxidation of inorganic substances and use that energy to synthesize organic compounds from carbon dioxide.

Photoautotrophs

Organisms that carry out photosynthesis to acquire energy, using sunlight, carbon dioxide, and water to produce oxygen and glucose.

Inorganic Carbons

Carbon compounds that do not contain carbon-hydrogen bonds, typically excluding those found in living organisms or their remains.