On December 31, 2010, trading securities with an original cost of $100,000 have a market value of $109,000, and available-for-sale securities with an original cost of $45,000 have a market value of $60,000. It is management's intent to hold the available for sale securities indefinitely. Fill in the partial balance sheet at December 31, 2010 provided below showing the results of the investments. Clearly label whether any gains or losses are realized or unrealized and clearly show the balance sheet classifications.

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The Answer of On December 31, 2010, trading securities with an original cost of $100,000 have a market value of $109,000, and available-for-sale securities with an original cost of $45,000 have a market value of $60,000. It is management's intent to hold the available for sale securities indefinitely. Fill in the partial balance sheet at December 31, 2010 provided below showing the results of the investments. Clearly label whether any gains or losses are realized or unrealized and clearly show the balance sheet classifications.

On December 31, 2010, Trading Securities with an Original Cost