Westside Corporation Had an Investment in Available-For-Sale Securities of $60,000

question 83

Multiple Choice

Westside Corporation had an investment in available-for-sale securities of $60,000.This investment experienced an unrealized loss of $7,000 during the year.Ignoring income taxes,the effect of this loss on comprehensive income will be:

• A)$60,000 increase.
• B)$60,000 decrease.
• C)$7,000 increase.
• D)$7,000 decrease.

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Definitions:

Genes

Segments of DNA located on chromosomes that carry the instructions for the development, functioning, growth, and reproduction of organisms.

Heredity

The passing of traits from parents to offspring through genetic information.

Genes

Units of heredity made up of DNA that act as instructions to make molecules called proteins.

Epigenetic Molecules

Chemical compounds that can alter gene expression without changing the DNA sequence, affecting cellular function and health.