For available-for-sale securities the unrealized gain or loss account is carried forward to future periods.
Correct Answer:
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Q2: When debt investments are sold the gain
Q3: An unrealized gain or loss on trading
Q4: Consolidated financial statements should be prepared only
Q5: The accounting for short-term debt investments and
Q6: In accordance with the historical cost principle
Q7: In accounting for stock investments of less
Q8: Debt investments are investments in government and
Q9: A decline in the fair value of
Q10: The Stock Investments account is debited at
Q11: Corporations purchase investments in debt or stock
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