If a company transfers held-to-maturity securities to available-for-sale securities, the unrealized gain or loss is recognized in income.

Question

Quizplus · Accepted Answer

If a company transfers held-to-maturity securities to available-for-sale securities, the unrealized gain or loss is not recognized in income. Instead, it is recognized in other comprehensive income until the security is sold or an impairment occurs.

If a Company Transfers Held-To-Maturity Securities to Available-For-Sale Securities, the Unrealized