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:

Goods And Services

Products and activities offered by businesses to satisfy consumer needs and wants.

Total Cost

The complete expenditure associated with acquiring, producing, or maintaining a product or service.

Good Or Service

Any commodity or activity that can be offered by one party to another, which is capable of satisfying a need or want.

Free-Market Economic System

An economic system where prices for goods and services are determined by the open market and consumers, with minimal governmental intervention.