How are equity securities with determinable market values and their related unrealized gains and losses reported,according to SFAS 124?
A) Lower of cost or market,with unrealized losses in the Statement of Activities.
B) Fair value,with unrealized gains and losses in the Statement of Activities.
C) Lower of cost or market,with unrealized losses in Temporarily Restricted Net Assets.
D) Cost,with unrealized gains and losses in the Statement of Activities.
Correct Answer:
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