Unrealized Gain/Loss on investments account appears under other comprehensive income on a separate section of the income statement.
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Q22: On January 1, 2012, Winston Company purchased
Q23: Available-for-sale investments are adjusted from cost to
Q24: On January 1, 2012, Plymouth Company purchases
Q25: Carmel Corporation purchased 5% bonds for $42,000
Q26: All investments not classified as available-for-sale investments
Q28: On January 1, 2012, Plymouth Company purchases
Q29: On January 1, 2012, Plymouth Company purchases
Q30: Available-for-sale investments in stock are reported on
Q31: Dividend revenue is recorded in a stock
Q32: Carmel Corporation purchased 5% bonds for $42,000
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