Anson Company began operations in 2013.The company's trading securities portfolio,which did not change in composition during 2014,is as follows: Ignoring income taxes,what amount should be reported as an unrealized loss on trading securities in Anson's 2014 income statement?

Question

Anson Company began operations in 2013.The company's trading securities portfolio,which did not change in composition during 2014,is as follows:  Ignoring income taxes,what amount should be reported as an unrealized loss on trading securities in Anson's 2014 income statement?

Quizplus · Accepted Answer

The Answer of Anson Company began operations in 2013.The company's trading securities portfolio,which did not change in composition during 2014,is as follows:  Ignoring income taxes,what amount should be reported as an unrealized loss on trading securities in Anson's 2014 income statement?

Anson Company Began Operations in 2013