Unrealized gains and losses on available-for-sale securities are reported as a separate component of equity on the statement of financial position.

Name: Unrealized gains and losses on available-for-sale securities are reported as a separate component of equity on the statement of financial position.
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Question

Quizplus · Accepted Answer

Unrealized gains and losses on available-for-sale securities are reported in other comprehensive income, which is a separate component of equity, until they are realized.

Unrealized Gains and Losses on Available-For-Sale Securities Are Reported as a Separate