Which of the following categories of investments are reported at their fair values on the balance sheet and have unrealized holding gains and losses included as a separate component of shareholders' equity?

Question

Quizplus · Accepted Answer

Available-for-sale securities are reported at their fair values on the balance sheet, and unrealized holding gains and losses on these securities are recorded as a separate component of shareholders' equity, rather than in the income statement.

Which of the Following Categories of Investments Are Reported at Their