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Anson Company Began Operations in 2013

Question 23

Multiple Choice

Anson Company began operations in 2013.The company's trading securities portfolio,which did not change in composition during 2014,is as follows:
Anson Company began operations in 2013.The company's trading securities portfolio,which did not change in composition during 2014,is as follows: Ignoring income taxes,what amount should be reported as an unrealized loss on trading securities in Anson's 2014 income statement? A) $0 B) $15,000 C) $25,000 D) $40,000
Ignoring income taxes,what amount should be reported as an unrealized loss on trading securities in Anson's 2014 income statement?


A) $0
B) $15,000
C) $25,000
D) $40,000

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