If There Is an Unrealized Holding Gain on Available-For-Sale Debt

question 95

Multiple Choice

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

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