The following information is available for an enterprise's security investments as of December 31, 2011:
What is the 2011 holding gain or loss recognized in 2011 earnings and directly to stockholders' equity?
A) Earnings: $4,000 loss; Stockholders' Equity: $4,000 loss
B) Earnings: $4,000 gain; Stockholders' Equity: $4,000 gain
C) Earnings: $4,000 loss; Stockholders' Equity: $4,000 gain
D) Earnings: $4,000 gain; Stockholders' Equity: $4,000 loss
Correct Answer:
Verified
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