Examlex
Which species in the reaction below undergoes reduction?
H2O(g) + CO(g) H2(g) + CO2(g)
Trading Securities
Securities bought and held primarily for sale in the near term to generate income on short-term price differences.
Unrealized Gain
The increase in value of an asset that has not been sold yet, therefore the gain is not reflected in the income statement.
Consolidated Financial Statements
Financial statements that present the assets and liabilities controlled by the parent company and the total revenues and expenses of the subsidiary companies.
Subsidiary Company
A company that is entirely or majority-owned by another company, referred to as the parent company.
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