Investments in Trading Securities are reported on the:

Question

Quizplus · Accepted Answer

Investments in Trading Securities are reported on the balance sheet at fair value, as they are considered to be actively traded in the market and their value can change on a day-to-day basis. The fair value is determined by market prices or other valuation techniques, and any changes in fair value are recognized in the income statement as unrealized gains or losses. They are not reported on the income statement at cost as they are not held for long-term gains or income.

Investments in Trading Securities Are Reported on The