Which of the following would not be reported under "Other Revenues and Gains" on the income statement?
A) Unrealized gain on available-for-sale securities
B) Dividend revenue
C) Interest revenue
D) Gain on sale of short-term debt investments

Question

Quizplus · Accepted Answer

Unrealized gain on available-for-sale securities is reported in other comprehensive income, not under "Other Revenues and Gains" on the income statement. Other revenues and gains typically include realized gains and revenues such as dividend revenue, interest revenue, and gains on sale of investments, which are recognized when they are realized.

Which of the Following Would Not Be Reported Under "Other