Unrealized gains on trading securities are reported on the:

Question

Quizplus · Accepted Answer

Unrealized gains on trading securities are not realized through sales, therefore they are not reported as sales revenue on the income statement. Instead, they are reported as Other Revenues and Gains. The balance sheet would reflect the market value of the securities, but not the unrealized gains. The statement of cash flows would not include unrealized gains, as they are not cash transactions.

Unrealized Gains on Trading Securities Are Reported on The